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 five hundred thousand dollars annually. 2. Received from the sales of subscriptions, single copies, maps, pamphlets and other descriptive material. 3. Deposited pursuant to section 28-2429. 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. |