Arizona § 17-262 Investment of surplus funds; earned interest

Arizona Statutes

§ 17-262 — Investment of surplus funds; earned interest

Arizona·Title 17 Arizona Revised Statutes·Ch. 2 GAME AND FISH DEPARTMENT AND GAME AND FISH COMMISSION·Art. 4 Fiscal Provisions

A.When the commission is of the opinion that the actual amount of funds held by the commission is in excess of the amount necessary to meet the immediate demands, the commission may authorize the investment of such funds, unless prohibited by federal and state rules and regulations.

B.On notice from the commission, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the game and fish fund.

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A. When the commission is of the opinion that the actual amount of funds held by the commission is in excess of the amount necessary to meet the immediate demands, the commission may authorize the investment of such funds, unless prohibited by federal and state rules and regulations.

B. On notice from the commission, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the game and fish fund.

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