A.R.S. § 6-135.01: Department receivership revolving fund; use of fund
Where this section sits in the code
- Title 6 Banks and Financial Institutions
A. The department receivership revolving fund is established to be administered by the deputy director. The fund shall consist of monies from the following sources:
1. Monies awarded and received as fees and costs in receiverships in which the deputy director was the receiver, as provided in section 6-131.01.
2. Monies received from the department revolving fund, as provided in section 6-135, subsection B.
B. Monies in the fund may be used to pay any costs incurred by the division arising out of the administration of a receivership in which the deputy director is the receiver.
C. The director shall submit to the legislature with the department's annual budget request a full and complete account of the department receivership revolving fund through the end of its most recent fiscal year.
Collected 2026-09-04T00:49:56Z. Source file · JSON