Arizona Revised Statutes Title 28. Transportation § 28-6994. Highway damage recovery account

A. The highway damage recovery account is established as a separate account in the state highway fund established by § 28-6991. The department shall deposit, pursuant to §§ 35-146 and 35-147, all monies received for damage caused to state highways, portions of highways forming state routes, fixtures and other state property in the right-of-way into the account. Subject to legislative appropriation, the department shall use monies in the account for maintenance of state highways, portions of highways and state routes.

B. On notice from the department, the state treasurer shall invest and divest monies in the highway damage recovery account as provided by § 35-313, and monies earned from investment shall be credited to the account.