Arizona § 32-3074 Deposit of assessments

Arizona Statutes

§ 32-3074 — Deposit of assessments

Arizona § 32-3074

Title 32Arizona Revised Statutes

Ch. 30PRIVATE POSTSECONDARY EDUCATION

Art. 4Student Tuition Recovery Fund

This text of Arizona § 32-3074 (Deposit of assessments) 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. § 32-3074 (2026).

Text

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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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 claims by an institution's creditors or other claimants.