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Code · Arizona · Title 38 — Public Land

38-797.02. LTD trust fund

99 words·~1 min read·/az/title-38/38-797-02

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A. The LTD trust fund is established for the purpose of paying benefits under and costs of administering the LTD program.
B. The LTD trust fund consists of all monies paid into it in accordance with this article, whether in the form of cash, securities or other assets, and all monies received from any other source. The LTD trust fund is exempt from title 44, chapter 3. Abandoned monies shall be disposed of pursuant to section 38-722.
C. Custody, management and investment of the LTD trust fund are as prescribed by this article and article 2 of this chapter.
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