49-159 - Arizona Statutes

49-159. Institutional and engineering control fund; purpose A. The institutional and engineering control fund is established to be administered by the director. The fund consists of monies from the following sources: 1. Fees collected pursuant to section 49-152, subsection K. 2. Fees collected pursuant to section 49-158, subsection G. 3. Costs of restoring engineering controls that are recovered pursuant to section 49-152.01. 4. Costs of restoring engineering controls that are recovered pursuant to section 49-158, subsection I. 5. Monies paid into the fund pursuant to section 49-152.01, subsection B. 6. Gifts, grants and donations. 7. Legislative appropriations. B. Monies in the institutional and engineering control fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. On notice from the director, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund. C. Monies in the institutional and engineering control fund shall be used for the following purposes: 1. For all reasonable and necessary costs to implement section 49-152, subsections B through O and sections 49-152.01, 49-152.02 and 49-158. 2. For the reasonable and necessary costs to administer the fund.