Arizona Revised Statutes

Ariz. Rev. Stat. § 38-932 (2026)

Arizona employers' pension prefunding plan

✓ current as of May 2026
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38-932. Arizona employers' pension prefunding plan

A. The Arizona employers' pension prefunding plan is established as a special trust fund for the purpose of allowing participating employers that provide a defined benefit pension plan to their employees to prefund the employer's required pension contributions. 

B. The prefunding plan and the assets held in the prefunding plan are separate and apart from:

1. The public safety personnel retirement fund and any other fund, program or plan administered by the board.

2. Any pension prefunding plan investment accounts established pursuant to section 35-314.04 or any other section of title 35 and any pension prefunding plan monies in such accounts.

C. The prefunding plan is an integral part of this state and of the political subdivisions of this state, performs an essential governmental function and is an entity with the power to sue and be sued.  The prefunding plan is intended to be structured and administered in a manner that results in the tax-exempt status of the prefunding plan's income.

Notes of Decisions
Cited in 1 case, 2016–2016 · leading case: Premier Physicians Grp., PLLC v. Navarro.
Premier Physicians Grp., PLLC v. Navarro (Ariz. 2016). “Those requirements are set forth in § 38-932(A): In order to perfect a lien granted by § 33-931, the executive officer, licensed health care provider or agent of a health care provider shall record, before or within thirty days after the patient has received any services…”
— Ariz. Rev. Stat. § 38-932(A) — 1 case
Premier Physicians Grp., PLLC v. Navarro (Ariz. 2016). “Those requirements are set forth in § 38-932(A): In order to perfect a lien granted by § 33-931, the executive officer, licensed health care provider or agent of a health care provider shall record, before or within thirty days after the patient has received any services…”
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