Arizona Statutes
§ 32-3074 — Deposit of assessments
Arizona·Title 32 Arizona Revised Statutes·Ch. 30 PRIVATE POSTSECONDARY EDUCATION·Art. 4 Student Tuition Recovery Fund
A.The assessments and student record request fees received by the board for deposit in the fund shall be held in trust to carry out the purposes of the fund. On notice from the board, 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 fund.
B.The monies deposited in the fund are continuously appropriated to the board to carry out the purposes of the fund.
C.Any monies unexpended and unencumbered in the fund at the close of a fiscal year shall not revert to the state general fund.
D.Monies held in the fund shall be available only to satisfy valid claims submitted to the board by persons who provide educational records and who are injured and are exempt from execution and from all cl
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Nearby Sections
15
§ 32-1001
Definitions§ 32-1004
Exemptions§ 32-101
Purpose; definitions§ 32-1023
Qualifications of applicants§ 32-1026
Issuance of licenses§ 32-1028
Fees§ 32-103
Qualifications of members§ 32-104
Compensation§ 32-105
Organization