Arizona § 3-2607 - Commercial feed trust fund; exemption
Full text of Arizona Arizona Revised Statutes § 3-2607 — Commercial feed trust fund; exemption, with citation guidance and answers to common questions.
§ 3-2607. Commercial feed trust fund; exemption
A. The commercial feed trust fund is established for the exclusive purpose of implementing, continuing and supporting the agricultural program established by this article. All monies collected under this article shall be deposited in the trust fund.
B. The director shall administer the trust fund as trustee. Each year the director shall distribute not more than fifty thousand dollars from the trust fund to execute the ALIRT agreement.
C. The state treasurer shall accept, separately account for and hold in trust any monies deposited in the state treasury, that are considered to be trust monies as defined in section 35-310 and that shall not be commingled with any other monies in the state treasury except for investment purposes. On notice from the director, the state treasurer shall invest and divest any trust fund monies deposited in the state treasury as provided by sections 35-313 and 35-314.03, and monies earned from investment shall be credited to the trust fund.
D. The beneficiary of the trust is the agricultural program established by this article. The trust fund shall be used solely for the purposes of this article on the order of the director.
E. The commercial feed trust fund is exempt from the provisions of section 35-190 relating to lapsing appropriations. Surplus monies, including any unexpended and unencumbered balance at the end of the fiscal year, do not revert to the state general fund.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 3-2607
What does Arizona Revised Statutes § 3-2607 cover?
Section 3-2607 ("Commercial feed trust fund; exemption") 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 § 3-2607?
A common citation format is "Arizona Revised Statutes § 3-2607" (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 § 3-2607 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.