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Code · Arizona · Title 28 — Motor Vehicles

28-475. State fleet operations fund; exemption

92 words·~1 min read·/az/title-28/28-475

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A. The state fleet operations fund is established consisting of monies received from agencies to pay the costs of fleet operation services pursuant to section 28-472 and from legislative appropriations.
B. 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.
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