ARS § 32-705

32-705 - Board of accountancy fund; disposition of monies 32-705. Board of accountancy fund; disposition of monies (L24, Ch. 222, sec. 5. Eff. until 7/1/28) A. The board of accountancy fund is established consisting of fees authorized by this chapter. Except as provided by subsection C of this section, the board shall deposit, pursuant to sections 35-146 and 35-147, eighty-five percent of all monies collected under this chapter in the board of accountancy fund and the remaining fifteen percent in the state general fund. B. Monies deposited in the fund are subject to section 35-143.01. C. Monies collected by the board as administrative penalties pursuant to this chapter shall be deposited, pursuant to sections 35-146 and 35-147, in the state general fund. D. The legislature shall appropriate monies from the fund for the expenses of administering this chapter, including: 1. Costs of conducting investigations, taking testimony and procuring the attendance of witnesses before the board or its committees. 2. Legal proceedings taken to enforce this chapter. 3. Educational programs to benefit the public, registrants and their employees.