A. The board of accountancy fund is established consisting of fees authorized by this chapter. Except as provided by subsection C of this section, the board shall deposit, pursuant to sections 35-146 and 35-147, ninety per cent of all monies collected under this chapter in the board of accountancy fund and the remaining ten per cent in the state general fund.

Terms Used In Arizona Laws 32-705

  • Board: means the Arizona state board of accountancy established by section 32-702. See Arizona Laws 32-701
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.

B. Monies deposited in the fund are subject to Section 35-143.01.

C. Monies collected by the board as administrative penalties pursuant to this chapter shall be deposited, pursuant to sections 35-146 and 35-147, in the state general fund.

D. The legislature shall appropriate monies from the fund for the expenses of administering this chapter, including:

1. Costs of conducting investigations, taking testimony and procuring the attendance of witnesses before the board or its committees.

2. Legal proceedings taken for the enforcement of this chapter.

3. Educational programs for the benefit of the public, registrants and their employees.