{"data":{"id":"us-az/a.r.s.-28-476","jurisdiction":"us-az","citation":"A.R.S. § 28-476","heading":"State vehicle replacement fund; exemption","body":"A. The state vehicle replacement fund is established consisting of payments received from agencies for the vehicle replacement rate pursuant to section 28-472, subsection E, proceeds from the sale of surplus motor vehicles and legislative appropriations. The department may separately account for each agency that pays a vehicle replacement rate pursuant to section 28-472, subsection E.\n\nB. The department shall administer the fund. Monies in the fund are subject to legislative appropriation and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. On notice from the department, 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.\n\nC. Notwithstanding subsection B of this section, if an agency's separate account includes monies that are restricted in purpose by state or federal law, the agency shall administer the separate account.","path":["Title 28 Transportation"],"source_url":"https://www.azleg.gov/ars/28/00476.htm","current_through":"2026-09-04","vintage":"2026-08-09","retrieved_at":"2026-09-04T00:49:56Z","sha256":"c5113d69e7156477a22f036c289b064aa6d55984ba5bd54eeb9a7d0e1108dae3","source_id":"us-az","stale":true,"prev":"us-az/a.r.s.-28-475","next":"us-az/a.r.s.-28-4801"},"notice":"GroundRules: Original legal text. Not legal advice."}
