Arizona § 49-1241 - Drinking water revolving fund
Full text of Arizona Arizona Revised Statutes § 49-1241 — Drinking water revolving fund, with citation guidance and answers to common questions.
§ 49-1241. Drinking water revolving fund
A. The drinking water revolving fund is established to be maintained in perpetuity consisting of:
1. Monies appropriated by the legislature for the drinking water revolving fund.
2. Monies received for that purpose from the United States government, including capitalization grants.
3. Monies received from the issuance and sale of bonds under section 49-1261.
4. Monies received from drinking water facilities as loan repayment, interest and penalties.
5. Interest and other income received from investing monies in the fund.
6. Gifts, grants and donations received for that purpose from any public or private source.
B. Monies in the fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 49-1241
What does Arizona Revised Statutes § 49-1241 cover?
Section 49-1241 ("Drinking water revolving 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 § 49-1241?
A common citation format is "Arizona Revised Statutes § 49-1241" (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 § 49-1241 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.