Arizona § 45-1974 - Accounting classifications; bond funds; general fund
Full text of Arizona Arizona Revised Statutes § 45-1974 — Accounting classifications; bond funds; general fund, with citation guidance and answers to common questions.
§ 45-1974. Accounting classifications; bond funds; general fund
A. The secretary-treasurer of the authority shall establish appropriate accounting classifications and designations in the authority accounting records to provide for accurate and systematic control and allotment of all monies received.
B. The secretary-treasurer shall maintain a bond fund and a general fund of the authority and shall apportion all monies received into the fund corresponding with the purpose for which the monies were received. The secretary-treasurer may invest inactive monies from either the general fund or the bond fund and shall credit income earned on the investments to the respective fund.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 45-1974
What does Arizona Revised Statutes § 45-1974 cover?
Section 45-1974 ("Accounting classifications; bond funds; general 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 § 45-1974?
A common citation format is "Arizona Revised Statutes § 45-1974" (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 § 45-1974 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.