Arizona § 42-1117 - Tax refund account
Full text of Arizona Arizona Revised Statutes § 42-1117 — Tax refund account, with citation guidance and answers to common questions.
§ 42-1117. Tax refund account
A. A tax refund account is established in the state general fund. The director of the department of administration shall draw all amounts necessary to make refunds under this article from the tax refund account.
B. At any time during the fiscal year if it appears that the amount in the tax refund account exceeds the amount required for refunds, the director shall transfer the excess amount from the account to the state general fund. If the transfer reduces the amount in the tax refund account below the amount required for refunds, the director of the department of administration shall adjust the amount transferred for redeposit in the tax refund account to pay such refunds. Any amount remaining in the tax refund account on June 30 of each year exceeding five hundred thousand dollars shall be transferred from the account to the state general fund.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 42-1117
What does Arizona Revised Statutes § 42-1117 cover?
Section 42-1117 ("Tax refund account") 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 § 42-1117?
A common citation format is "Arizona Revised Statutes § 42-1117" (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 § 42-1117 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.