Arizona § 14-5603 - Deposit of funds; investment plan
Full text of Arizona Arizona Revised Statutes § 14-5603 — Deposit of funds; investment plan, with citation guidance and answers to common questions.
§ 14-5603. Deposit of funds; investment plan
A. All funds coming into the custody of the public fiduciary shall be deposited in the county treasury and disbursed at the direction of the public fiduciary or shall be deposited or invested in one or more insured banks or in one or more insured credit unions authorized to do business in the county or in one or more insured savings and loan associations authorized to do business in the county, and if there are no such insured banks, insured credit unions or insured savings and loan associations in the county, then the public fiduciary may deposit the funds in any insured bank or insured credit union or insured savings and loan association in the state. Money deposited with the county treasurer or deposited or invested with an insured bank, insured credit union or insured savings and loan association shall be withdrawn only at the direction of the public fiduciary.
B. The public fiduciary may establish or continue an estate or investment plan of the public fiduciary's ward if all of the following apply:
1. The public fiduciary receives the approval of the court for the plan.
2. The plan is consistent with the standard of care imposed on trustees in sections 14-10804 and 14-10806.
3. The public fiduciary has obtained a surety bond in the amount of the assets within the plan if the court finds that a surety bond is necessary or desirable to protect the assets within the plan.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 14-5603
What does Arizona Revised Statutes § 14-5603 cover?
Section 14-5603 ("Deposit of funds; investment plan") 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 § 14-5603?
A common citation format is "Arizona Revised Statutes § 14-5603" (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 § 14-5603 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.