A. The nursing care institution administrators’ licensing and assisted living facility managers’ certification fund is established.

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Terms Used In Arizona Laws 36-446.08

  • Assisted living facility: means a residential care institution, including an adult foster care home, that provides or contracts to provide supervisory care services, personal care services or directed care services on a continuous basis. See Arizona Laws 36-401
  • Board: means the board of examiners of nursing care institution administrators and assisted living facility managers. See Arizona Laws 36-446
  • Nursing care institution: means a health care institution that provides inpatient beds or resident beds and nursing services to persons who need continuous nursing services but who do not require hospital care or direct daily care from a physician. See Arizona Laws 36-401

B. Pursuant to sections 35-146 and 35-147, the board shall deposit ten per cent of all monies collected pursuant to this article in the state general fund and deposit the remaining ninety per cent in the nursing care institution administrators’ licensing and assisted living facility managers’ certification fund. All monies derived from civil penalties collected pursuant to Section 36-446.07, subsection C shall be deposited, pursuant to sections 35-146 and 35-147, in the state general fund.

C. Monies deposited in the nursing care institution administrators’ licensing and assisted living facility managers’ certification fund are subject to the provisions of Section 35-143.01.

D. On notice from the board, 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.