A Dedicated Fund for Veterans' Conservatorships
When the Department of Veterans' Services serves as conservator for a veteran or a veteran's family member, it may collect compensation under A.R.S. 14-5414. Those fees do not go into a general account. Instead, this statute creates a specific fund to hold and manage that money.
The state veterans' conservatorship fund is established.
A.R.S. § 14-5414.01(A)The fund operates under Arizona's standard rules for state funds. All conservatorship fees collected under section 14-5414, subsection G, are deposited through the state's regular deposit process. The state treasurer invests and manages the fund's assets under the same rules that apply to other state investments.
How the Fund Works in Practice
All conservatorship monies collected pursuant to section 14-5414, subsection G shall be deposited, pursuant to sections 35-146 and 35-147, by the department of veterans' services in the state veterans' conservatorship fund.
A.R.S. § 14-5414.01(B)Interest and earnings from investments get credited back to the fund. This structure keeps veterans' conservatorship fees separate from other state revenue and ensures the money stays connected to the program that generated it.
For veterans and their families, this statute provides transparency about where conservatorship fees go when the state serves as conservator. It is a relatively straightforward administrative provision, but it reflects Arizona's commitment to proper handling of funds in veterans' protective proceedings.