The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
2. Receive claims against the fund from persons injured and provide students' educational records from closed institutions.
3. Determine the amount of monies in any fiscal year to be drawn to administer the fund.
4. Deduct reasonable costs from the fund in addition to those allowed in paragraph 2 of this subsection for any of the following purposes:
(a) Seizing student records from a closed school.
(b) Processing student record requests.
(c) Reimbursing the board or a third party as the custodian of records.
5. Not later than ten business days after a board meeting, notify institutions, pursuant to section 32-3072, subsection C, that only institutions that are newly or provisionally licensed during or after that fiscal year shall pay the assessment.
6. Review the balance of the fund at the first board meeting that is held after June 30 of each year.
7. Adopt rules necessary to administer this article.
B. If an institution that is subject to assessments under section 32-3072 ceases operations with assessments unpaid to the board, the board and the attorney general shall recover the assessments from the institution.