Arizona § 32-3074 - Deposit of assessments
Full text of Arizona Arizona Revised Statutes § 32-3074 — Deposit of assessments, with citation guidance and answers to common questions.
§ 32-3074. Deposit of assessments
A. The assessments and student record request fees received by the board for deposit in the fund shall be held in trust to carry out the purposes of the fund. On notice from the board, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund.
B. The monies deposited in the fund are continuously appropriated to the board to carry out the purposes of the fund.
C. Any monies unexpended and unencumbered in the fund at the close of a fiscal year shall not revert to the state general fund.
D. Monies held in the fund shall be available only to satisfy valid claims submitted to the board by persons who provide educational records and who are injured and are exempt from execution and from all claims by an institution's creditors or other claimants.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 32-3074
What does Arizona Revised Statutes § 32-3074 cover?
Section 32-3074 ("Deposit of assessments") 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 § 32-3074?
A common citation format is "Arizona Revised Statutes § 32-3074" (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 § 32-3074 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.