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. A consumer loss recovery fund is established in the department of administration consisting of monies transferred to the fund from the budget stabilization fund established by section 35-144. Monies in the fund shall pay for claims, adjusting costs, processing costs, legal defense costs and administrative costs as provided by law.
B. The department of administration shall file a monthly report by the twenty-fifth day of the next month with the governor, the president of the senate and the speaker of the house of representatives. The monthly report shall include, at a minimum, the number of claims settled, the dollar costs associated with claims and the operating monies spent in support of the program.
C. All monies recovered by the state pursuant to litigation of false claims shall be deposited in the state general fund.
D. Monies in the consumer loss recovery fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations.