§ 35-810 Chapter cumulative; no notice required

AZ Rev Stat § 35-810 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

35-810. Chapter cumulative; no notice required

A. This chapter shall not be construed as a restriction or limitation upon any powers which the corporation otherwise might have under any laws of this state, but shall be construed as cumulative of any such powers. Except as provided in title 44, chapter 12, article 4, no proceedings, notice or approval shall be required for the issuance of any bonds of the corporation or any security therefor, except as provided in this chapter, any other law to the contrary notwithstanding, provided that nothing in this chapter shall be construed to deprive the state and its governmental subdivisions of their respective police powers over any properties of the corporation or to impair any powers of any official or agency of the state and its governmental subdivisions.

B. Pollution control facilities may be financed, refinanced, purchased, constructed, leased, improved, extended and disposed of pursuant to this chapter, and bonds may be issued under this chapter for any of such purposes, notwithstanding that any other law may also provide for the acquisition, purchase, construction, improvement and extension or disposition of a similar project or for the issuance of bonds for like purposes and with the exception of the requirements imposed pursuant to title 44, chapter 12, article 4, without regard to the requirements, restrictions, limitations or other provisions contained in any other law. Insofar as the provisions of this chapter are inconsistent with any other law of this state, the provisions of this chapter shall be controlling, except that the provisions of this chapter shall in no manner diminish the power of any corporation or authority formed under the provisions of chapter 5 of this title, or impair or diminish any rights, privileges and immunities of a corporation formed thereunder and any such corporation or authority organized under chapter 5 of this title shall be authorized to issue bonds hereunder for pollution control facilities and shall, in addition to the powers conferred by chapter 5 of this title, have all powers conferred by the provisions of this chapter. The provisions of title 34 and this title have no application to corporations or their activities or property or to transactions entered into by them or on their behalf in accordance with this chapter or in the exercise of powers conferred upon them by law or this chapter.