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A.R.S. § 14-5414.01

Veterans' Conservatorship Fund

Verified April 4, 202657th Legislature, 1st Regular Session

This statute creates a dedicated fund for fees collected when the Department of Veterans' Services acts as conservator. The fund holds all collected fees in one place. The state treasurer invests the fund's assets.

Title 14, PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY

azleg.gov

A Dedicated Fund for Veterans' Conservatorships

The Department of Veterans' Services may serve as conservator for a veteran or a veteran's family member. In that role, it may collect fees under A.R.S. 14-5414. Those fees do not go into a general account.

The state veterans' conservatorship fund is established.

A.R.S. § 14-5414.01(A)

Instead, this statute creates a specific fund to hold that money. The fund follows standard rules for state funds.

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)

The department deposits all fees through the state's regular process. The state treasurer invests and manages the assets. The same rules that apply to other state funds apply here.

Interest and earnings go back into the fund. This keeps veterans' conservatorship fees separate from other state revenue.

What This Means for Veterans and Their Families

This rule gives families a clear view of where fees go. The dedicated fund tracks fees apart from other state money.

If a veteran or their spouse needs a conservator, fees follow a clear path. The department deposits them into this fund. The state treasurer invests them and accounts for them separately.

A. The state veterans' conservatorship fund is established. B. 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. On notice from the department of veterans' services, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund.

This page provides general legal information about Arizona statutes and is not legal advice. For guidance on how this law applies to your situation, speak with a qualified attorney.

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