There Is a Newer Version of the Arizona Revised Statutes
  1. 2025 Arizona Rev. Stat.
  2. 2024 Arizona Rev. Stat.
  3. 2023 Arizona Rev. Stat.
  4. 2012 Arizona Rev. Stat. (here)
  5. View All Versions
View Our Newest Version Here

2012 Arizona Revised Statutes
Title 41 State Government
41-2188 Consumer recovery fund

Universal Citation:
AZ Rev Stat § 41-2188 (through 2nd Reg Sess. 50th Leg. 2012)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

41-2188. Consumer recovery fund

A. The consumer recovery fund is established. The board shall administer the fund.

B. On notice from the board, 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.

C. The monies earned from investment can be used for the same purposes as all other monies deposited in the fund.

D. Recovery from the consumer recovery fund is limited to actual or compensatory damages, including costs but excluding interest or attorney fees.

E. Recovery from the consumer recovery fund is not limited by the consumer's right, if any, to also claim against a holder of a retail sales contract or promissory note which is secured by the property that is the subject matter of the claim.

Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.