Title 35, Public Finances

A. Any eligible depository that receives an investment or any deposit of treasury monies of more than the amount insured by an instrumentality of the United States shall collateralize those deposits with any of the following: 1. Securities listed in section 35-313, subsection A, …

A. The state treasurer shall invest and reinvest trust and treasury monies in any of the following items: 1. Obligations issued or guaranteed by the United States or any of its agencies, sponsored agencies, corporations, sponsored corporations or instrumentalities. 2. Repurchase …

A. The state treasurer may invest and reinvest monies in equity securities for any fund for which equity investment is authorized. B. The state treasurer shall exercise prudence, judgment and care under the prevailing circumstances when investing in equity securities and may redu…

In addition to the investment authority in section 35-313, the state treasurer may invest and reinvest monies of the state land funds established in sections 37-521 through 37-525 in equity securities pursuant to section 35-314, except that not more than sixty per cent of the mon…

In addition to the investment authority in section 35-313, the state treasurer may invest and reinvest monies of the budget stabilization fund established in section 35-144 in equity securities pursuant to section 35-314, except that not more than twenty-five per cent of the moni…

A. In addition to the investment authority in section 35-313, the state treasurer may invest and reinvest trust monies of this state, state agencies, political subdivisions and tribal nations in equity securities pursuant to section 35-314 for long-term endowment funds. B. Monies…

A. In addition to the investment authority pursuant to section 35-313, the state treasurer may invest and reinvest pension prefunding plan monies in equity securities pursuant to section 35-314 for pension prefunding plan investment accounts. B. All pension prefunding plan monies…

A. Any bank that is eligible to become an eligible depository having a total capital structure of $10,000,000 or more and assets of $100,000,000 or more and that is otherwise in a sound condition is eligible to be the servicing bank for the state. B. The state board of investment…

A. The state treasurer may establish and maintain investment pools for the collective investment of trust monies in this state. B. The state treasurer may deposit operating monies in the investment pools and receive into such pools any monies a state agency, county, city or town …

A. The state treasurer is responsible for the safekeeping of all securities acquired by him under this article and those for which he is the lawful custodian. Securities may be deposited for safekeeping with any bank eligible to be the state servicing bank pursuant to section 35-…

A. The state treasurer may enter into an agreement with investment managers to invest treasury monies or with advisors to recommend investment strategies or tactics for the investment of treasury monies, including legal advisors and software to assist with the analysis, tracking …

In this article, unless the context otherwise requires: 1. "Agency pool participant" means a subdivision or an entity of a subdivision that has monies maintained by the treasurer and that has the authority to draw negotiable instruments on the treasurer or make other disbursement…

A. The treasurer shall invest and reinvest public monies in securities and deposits with a maximum maturity of five years. All public monies shall be invested in eligible investments. Eligible investments are: 1. Certificates of deposit in eligible depositories. 2. Deposits in on…

A. If an investing entity invests in deposits pursuant to this section, the investing entity shall invest those monies in accordance with all of the following conditions: 1. The monies are initially invested through an eligible depository in this state selected by the investing e…

The treasurer shall invest and reinvest monies of trust funds in: 1. Any securities allowed for the investment of public monies. 2. Fixed income securities of corporations organized and doing business in any state of the United States or the District of Columbia that carry one of…

A. Any bank that qualifies to become an eligible depository of the deposits of public monies, that has a total capital structure of ten million dollars or more, resources of one hundred million dollars or more and that is otherwise in a sound condition is eligible to be the servi…

A. The state treasurer may maintain one or more pooled investment funds for the collective investment of monies in this state. Securities or other instruments in which the monies may be invested are those that are provided for in article 2 of this chapter. B. The state treasurer …

A. The state treasurer may establish new long-term local government investment pools for trust and treasury monies, cities, towns, tribal governments, counties and political subdivisions of this state. The terms of the investment pools shall be as determined by the state board of…

A. In investing trust monies, the responsible financial officer shall draw a warrant, check or electronic funds transfer voucher at the direction of the treasurer, payable from the proper fund to pay for the security purchased. B. A treasurer is responsible for the safekeeping of…

A. All sinking funds of this state, or a county, city, town or school district, or hospital, irrigation or drainage district organized as provided by law may be invested and reinvested by the governing body or officer in charge of the sinking funds. The investment shall be made f…

The provisions of this article relating to collateral for deposits of public monies in financial institutions apply to deposits in financial institutions of the funds of cities governed by charter.

In this article, unless the context otherwise requires: 1. "Agency" means any state agency, school district or office or agency established by either title 11 or a county board of supervisors. 2. "Goods" means all personal property purchased, procured or contracted for by an agen…

A. Any agency which purchases or procures goods and services from a nongovernmental entity on account shall pay the account in full within thirty days after receipt of goods or services and correct notice of amount due in writing to the agency or shall pay interest on the outstan…

Warrants that are lawfully issued by a county, city or town, or by a county school superintendent on behalf of a school district, are assignable and shall be accepted at face value with accrued interest in payment of not more than seventy-five percent of any debt or demand, inclu…

Warrants of a city, town or school district accepted in accordance with the provision of section 35-381 by the county treasurer as tax collector, shall in all matters of accounting between the treasurer and such city, town or school district, be treated as money to the face value…

Warrants accepted in payment of debts or demands, including taxes, shall be charged to the respective funds against which they are drawn. In the case of county warrants the board of supervisors shall direct the county treasurer to transfer from the general fund to the funds again…

A. A governmental entity may require that a vendor accept a specific method of payment exclusively for any goods or services provided by the vendor to the governmental entity. If a governmental entity requires a specific method of payment be used exclusively, the governmental ent…

A. The state board of investment, the Arizona state retirement system board and the board of trustees of the public safety personnel retirement system shall each adopt a policy, and submit a copy of the policy to the president of the senate and the speaker of the house of represe…

In this article, unless the context otherwise requires: 1. "Boycott" means engaging in a refusal to deal, terminating business activities or performing other actions that are intended to limit commercial relations with entities doing business in Israel or in territories controlle…

A. A public entity may not enter into a contract with a value of $100,000 or more with a company to acquire or dispose of services, supplies, information technology or construction unless the contract includes a written certification that the company is not currently engaged in, …

A. On or before April 1 of each year, each public fund shall prepare a list of restricted companies and shall provide a copy of the list on request. B. In preparing the list of restricted companies, the public fund may consider at least the following: 1. Publicly available inform…

A. This article does not apply to a boycott prohibited by 50 United States Code section 4842 or a regulation issued pursuant to that section. B. If any provision of this article or its application to any person or circumstance is held invalid, the invalidity does not affect any o…

A. A public entity may not enter into or renew a contract with a company to acquire or dispose of services, supplies, information technology, goods or construction unless the contract includes a written certification that the company does not currently, and agrees for the duratio…

A. A publicly managed fund may not hold an investment in any of the following: 1. The People's Republic of China. 2. A company that is owned by the People's Republic of China. 3. A company that is domiciled, incorporated or headquartered within the People's Republic of China. 4. …