Arizona § 45-1503 - Flood warning system fund
Full text of Arizona Arizona Revised Statutes § 45-1503 — Flood warning system fund, with citation guidance and answers to common questions.
§ 45-1503. Flood warning system fund
A. A flood warning system fund is established for developing a flood warning system, purchasing flood warning system equipment and providing assistance to local entities on a cost sharing basis for the planning, design, installation, operation and maintenance of flood warning systems. The director shall administer the fund.
B. The flood warning system fund shall consist of monies from legislative appropriations, grants and contributions from other public agencies.
C. On notice from the director, 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.
D. Monies in the fund are exempt from lapsing under section 35-190.
Frequently Asked Questions About Arizona § 45-1503
What does Arizona Revised Statutes § 45-1503 cover?
Section 45-1503 ("Flood warning system fund") 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 § 45-1503?
A common citation format is "Arizona Revised Statutes § 45-1503" (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 § 45-1503 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.