28-6996. State highway fund; investment
54 words·~1 min read·
/az/title-28/28-6996A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
On notice from the director the state treasurer shall invest and divest monies in the state highway fund in obligations issued or guaranteed by the United States or any of the senior debt of its agencies, sponsored agencies, corporations, sponsored corporations or instrumentalities, and monies earned from investment shall be credited to the fund.