Arizona Statutes
§ 35-1206 — Public depositors; immunity
When deposits are made in accordance with this chapter, an official of a public depositor is not personally liable for any loss resulting from the default or insolvency of any eligible depository in the absence of negligence, malfeasance, misfeasance or nonfeasance on the part of public depositor or the depositor's agents.
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Nearby Sections
15
§ 35-1001
Definitions§ 35-1003
Enforceability§ 35-1004
Treatment, calculation and payment of amounts due under swap agreements; exemptions from budget§ 35-1005
Limitation on effect of chapter§ 35-101
Definitions§ 35-101.01
Definition of substitute check§ 35-102
Fiscal year§ 35-111
Executive budget§ 35-113
Submission of budget estimates§ 35-113.01
Request for federal funds