The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
A. On or before June 30 of each year, a district member whose replenishment account reflects a net debit balance shall:
1. Enter into a contract with the district for replenishment services pursuant to section 48-4470 in an amount sufficient to offset the debit balance or allocate an amount of services under an existing contract to the reporting year in an amount sufficient to offset the debit balance.
2. Purchase replenishment services pursuant to section 48-4472 in an amount sufficient to offset the debit balance, designating the replenishment services to be used for that purpose.
3. Surrender credits to the district pursuant to section 48-4465 in an amount sufficient to offset the debit balance.
B. On or before August 15 of each year, the district shall prepare a revised account statement for each district member that reflects any purchase of replenishment services or surrender of credits by the district member pursuant to subsection A of this section.