41-825

41-825. Permanent Arizona historical society preservation and restoration revolving fund

A. There is created the permanent Arizona historical society preservation and restoration revolving fund in the amount of five thousand dollars for use in copying, preserving and restoring historic photographs and negatives, which are proper as ultimate claims for payment from state funds. Such expenditures from the fund and reimbursement thereto shall be as prescribed by rules and regulations of the department of administration.

B. The permanent revolving fund shall be established as a separate account on the books of the Arizona historical society and a full accounting of its use shall be made to the department of administration annually or as required by the department of administration.

C. All monies deposited in the revolving fund are appropriated to the Arizona historical society for use as provided in this section and shall be exempt from the provisions of section 35-190, relating to lapsing of appropriations.