Arizona Revised Statutes Title 35. Public Finances § 35-146. Deposit of receipts by budget units

A. All monies received by any officer or employee of any budget unit shall be promptly remitted to the state treasurer, and monies shall not be held, used or deposited in any personal or special bank account temporarily or otherwise by any agent or employee except as expressly provided by this chapter.

B. All monies received by the state treasurer shall be credited to the state general fund, unless otherwise prescribed by law.

C. All revenues included in the operating budget adopted by the Arizona board of regents for each university as prescribed in § 15-1626, subsection A shall be retained by each university. Tuition and fees shall be deposited in subaccounts as prescribed in § 15-1626, subsection A.