Arizona Statutes

§ 41-986 — Arizona arts endowment fund

Arizona § 41-986
JurisdictionArizona
Title 41Arizona Revised Statutes
Ch. 5STATE INSTITUTIONS AND RELATED PROGRAMS UNDER CONTROL OF GOVERNOR
Art. 6Arizona Commission on the Arts

This text of Arizona § 41-986 (Arizona arts endowment 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. § 41-986 (2026).

Text

A.The Arizona arts endowment fund is established consisting of monies appropriated annually to the fund.
B.The Arizona commission on the arts shall administer the fund. On notice from the commission, the state treasurer shall invest and divest monies in the fund as provided by section 35-313. Monies earned from investment:
1.Shall be credited to the fund.
2.Are a continuing appropriation to the commission.
C.The commission may not spend any monies in the fund except monies earned from investment of fund monies.
D.Monies in the fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations.
E.The commission may enter into contracts with private charitable, nonprofit organizations that qualify for tax exemption under section 501(c)(3) of the United

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Bluebook (online)
Arizona § 41-986, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/41-986.