41-1829.02

41-1829.02. Arizona peace officers memorial fund

A. An Arizona peace officers memorial fund is established. The fund shall consist of monies provided by appropriation or received as donations as provided for in this article. The state treasurer shall invest and divest all monies in the Arizona peace officers memorial fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. The state treasurer shall administer the fund. The monies in the fund are exempt from section 35-190, relating to lapsing of appropriations.

B. The costs and expenses authorized by this article shall be paid for by the state treasurer from the monies available in the Arizona peace officers memorial fund on certification to the state treasurer by the permanent chairman of the Arizona peace officers memorial board that the amount requested is owed for a valid purpose.