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Current as of March 08, 2022 | Updated by FindLaw Staff
A. The residential utility consumer office revolving fund is established.
B. All monies received by the commission under the provisions of § 40-401.01 shall be deposited, pursuant to §§ 35-146 and 35-147, in the residential utility consumer office revolving fund.
C. Monies in the residential utility consumer office revolving fund shall be used, subject to legislative appropriation, to operate the residential utility consumer office pursuant to article 11 of this chapter. 1
D. Monies in the residential utility consumer office revolving fund do not revert to the state general fund pursuant to § 35-190.
E. Monies not appropriated or expended from the residential utility consumer office revolving fund at the end of the fiscal year shall be used to calculate the annual residential utility consumer assessment prescribed in § 40-401.01.
F. The residential utility consumer office shall not use any monies from the residential utility consumer office revolving fund unless such monies are appropriated by the legislature.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 40. Public Utilities and Carriers § 40-409. Disposition of residential utility consumer assessment proceeds; residential utility consumer office revolving fund; exemption from lapsing - last updated March 08, 2022 | https://codes.findlaw.com/az/title-40-public-utilities-and-carriers/az-rev-st-sect-40-409/
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