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Home » US Law » 2022 Arizona Revised Statutes » Title 37 - Public Lands » Article 4 - Lease of State Lands

§ 37-295 – Disposition of long-term commercial lease prepayments; prepayment fund

37-295. Disposition of long-term commercial lease prepayments; prepayment fund A. If the department receives prepayments of rent paid from long-term commercial leases under any provision of this chapter, the monies received shall be transmitted to the state treasurer for investment in a prepayment fund for the appropriate beneficiary. Any interest earned from the investments of […]