Arizona Revised Statutes Title 30. Power § 30-694. Radiation regulatory and perpetual care fund; investment; purposes; exemption

A. A special fund called the radiation regulatory and perpetual care fund is established in which the department shall deposit all sums and collateral received by it pursuant to §§ 30-692, 30-693 and 30-695, which shall be held in trust for carrying out the purposes of this article.

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

C. All monies and collateral in the radiation regulatory and perpetual care fund are appropriated to and may be expended by the department as required for the decommissioning, stabilization, maintenance, surveillance, control, storage or disposal of radioactive materials acquired by the department for the protection of the public health and safety pursuant to § 30-692, for any activities deemed necessary under § 30-693 or for the decommissioning of any licensed activity or refunds pursuant to § 30-695.

D. Monies and collateral in the fund shall not be used for normal operating expenses of the department and are exempt from the provisions of § 35-190 relating to lapsing of appropriations.