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.
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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.
32-705 - Board of accountancy fund; disposition of monies
32-705. Board of accountancy fund; disposition of monies
(L24, Ch. 222, sec. 5. Eff. until 7/1/28)
A. The board of accountancy fund is established consisting of fees authorized by this chapter. Except as provided by subsection C of this section, the board shall deposit, pursuant to sections 35-146 and 35-147, eighty-five percent of all monies collected under this chapter in the board of accountancy fund and the remaining fifteen percent in the state general fund.
B. Monies deposited in the fund are subject to section 35-143.01.
C. Monies collected by the board as administrative penalties pursuant to this chapter shall be deposited, pursuant to sections 35-146 and 35-147, in the state general fund.
D. The legislature shall appropriate monies from the fund for the expenses of administering this chapter, including:
1. Costs of conducting investigations, taking testimony and procuring the attendance of witnesses before the board or its committees.
2. Legal proceedings taken to enforce this chapter.
3. Educational programs to benefit the public, registrants and their employees.