A. The department of revenue administrative fund is established consisting of monies from unclaimed property deposited in the fund pursuant to section 44-313.

Terms Used In Arizona Laws 42-1116.01

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Department: means the department of revenue. See Arizona Laws 42-1001
  • Director: means the director of the department. See Arizona Laws 42-1001
  • Property: includes both real and personal property. See Arizona Laws 1-215

B. The director shall administer the fund.

C. Subject to legislative appropriation, the director shall use monies in the fund solely for the administrative costs of the department.

 

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