Arizona § 41-4041 Consumer recovery fund

Arizona Statutes

§ 41-4041 — Consumer recovery fund

Arizona § 41-4041

Title 41Arizona Revised Statutes

Ch. 37HOUSING

Art. 4Office of Administration

This text of Arizona § 41-4041 (Consumer recovery fund) 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. § 41-4041 (2026).

Text

A.The consumer recovery fund is established. The director shall administer the fund.

B.On notice from the director, 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.

C.The monies earned from investment may be used for the same purposes as all other monies deposited in the fund.

D.Recovery from the consumer recovery fund is limited to actual or compensatory damages, including costs but excluding interest or attorney fees.

E.Recovery from the consumer recovery fund is not limited by the consumer's right, if any, to also claim against a holder of a retail sales contract or promissory note that is secured by the property that is the subject matter of the claim.

Free access — add to your briefcase to read the full text and ask questions with AI

A. The consumer recovery fund is established. The director shall administer the fund.

B. On notice from the director, 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.

C. The monies earned from investment may be used for the same purposes as all other monies deposited in the fund.

D. Recovery from the consumer recovery fund is limited to actual or compensatory damages, including costs but excluding interest or attorney fees.

E. Recovery from the consumer recovery fund is not limited by the consumer's right, if any, to also claim against a holder of a retail sales contract or promissory note that is secured by the property that is the subject matter of the claim.