Arizona Statutes

§ 41-2606 — Surplus materials revolving funds

Arizona·Title 41 Arizona Revised Statutes·Ch. 23 ARIZONA PROCUREMENT CODE·Art. 8 Materials Management
A.The state surplus materials revolving fund is established. All monies coming into the department derived from state surplus materials fees and charges shall be placed in the state surplus materials revolving fund. All uncommitted monies in the state surplus materials revolving fund in excess of one hundred thousand dollars at the close of any fiscal year revert to the state general fund.
B.The federal surplus materials revolving fund is established. All monies coming into the department derived from federal surplus materials shall be placed in the federal surplus materials revolving fund. All uncommitted monies in the federal surplus materials revolving fund in excess of fifty thousand dollars at the close of any fiscal year shall be returned to agencies and institutions through disc

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