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§ 28.7315 — Arizona Law | CourtGPT
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Arizona Legal Code

§ 28.7315

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28-7315. Arizona highways magazine fund 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.