Arizona § 23-701 - Unemployment compensation fund; administration; composition

Full text of Arizona Arizona Revised Statutes § 23-701 — Unemployment compensation fund; administration; composition, with citation guidance and answers to common questions.

§ 23-701. Unemployment compensation fund; administration; composition

A. There shall be a special fund known as the unemployment compensation fund which shall be kept separate and apart from all other public monies or funds of this state, and shall be administered by the commission exclusively for the purposes of this chapter.

B. The unemployment compensation fund shall consist of:

1. Contributions and payments in lieu of contributions collected pursuant to this chapter.

2. Interest earned upon monies in the fund.

3. Property or securities acquired through the use of monies belonging to the fund and all earnings of such property and securities.

4. All monies credited to this state's account in the unemployment trust fund pursuant to section 903 of the social security act, as amended.

5. Other monies received for the fund from any other source.

C. All monies in the unemployment compensation fund shall be commingled and undivided.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 23-701

What does Arizona Revised Statutes § 23-701 cover?

Section 23-701 ("Unemployment compensation fund; administration; composition") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Arizona § 23-701?

A common citation format is "Arizona Revised Statutes § 23-701" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Arizona law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.

How does Arizona § 23-701 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.