28-7315. Arizona highways magazine fund
148 words·~1 min read·
/az/title-28/28-7315A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. An Arizona highways magazine fund is established.
B. The fund consists of monies:
1. Appropriated by the legislature from the state highway fund of not more than $500,000 annually.
2. Received from the sales of subscriptions, single copies, maps, pamphlets and other descriptive material.
3. Deposited pursuant to section 28-2429.
4. Donated to the Arizona highways magazine to promote tourism in this state as prescribed in section 28-7312.
C. The monies appropriated to the fund shall be spent in conformity with the laws governing state financial operations, except that:
1. Balances remaining at the end of the fiscal year do not revert to the general or state highway fund.
2. Expenditures are exempt from section 35-173.
D. The state treasurer shall invest and divest monies in the Arizona highways magazine fund as provided by section 35-313, and monies earned from investment shall be credited to the fund.