Arizona § 15-1447 Community college district collegiate special plate funds; purpose

Arizona Statutes

§ 15-1447 — Community college district collegiate special plate funds; purpose

Arizona § 15-1447

Title 15Arizona Revised Statutes

Ch. 12COMMUNITY COLLEGES

Art. 3Community College District Boards

This text of Arizona § 15-1447 (Community college district collegiate special plate funds; purpose) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 15-1447 (2026).

Text

A.A community college district with a full-time equivalent student enrollment pursuant to section 15-1466.01 of more than five hundred students shall establish a community college district collegiate special plate fund consisting of monies received pursuant to section 28-2412. The district shall administer the fund. All monies in the fund shall be used only for academic scholarships.

B.The fund established pursuant to this section is exempt from section 35-190 relating to lapsing of appropriations. At the direction of the community college district, the state treasurer may invest and divest inactive monies in the fund as provided by section 35-313. The state treasurer shall credit all interest earned on the fund monies to the fund.

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A. A community college district with a full-time equivalent student enrollment pursuant to section 15-1466.01 of more than five hundred students shall establish a community college district collegiate special plate fund consisting of monies received pursuant to section 28-2412. The district shall administer the fund. All monies in the fund shall be used only for academic scholarships.

B. The fund established pursuant to this section is exempt from section 35-190 relating to lapsing of appropriations. At the direction of the community college district, the state treasurer may invest and divest inactive monies in the fund as provided by section 35-313. The state treasurer shall credit all interest earned on the fund monies to the fund.