A. The professional employer organization fund is established consisting of fees collected pursuant to this article. The secretary of state shall administer the fund.

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Terms Used In Arizona Laws 23-576

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization

B. Monies in the fund are subject to legislative appropriation and shall be used by the secretary of state for the purposes of administering this article.

C. Monies in the fund are exempt from the provisions of section 35-190 relating to lapsing of appropriations.