17-262. Investment of surplus funds; earned interest
84 words·~1 min read·
/az/title-17/17-262A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. When the commission is of the opinion that the actual amount of funds held by the commission is in excess of the amount necessary to meet the immediate demands, the commission may authorize the investment of such funds, unless prohibited by federal and state rules and regulations.
B. On notice from the commission, 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 game and fish fund.