Substantive Policy Statement on Joint-Venture Article
Arizona Administrative Code, Title 20, Chapter 3, Article I
- Purpose: This policy statement documents the authority of the Arizona Office of Tourism (AOT) to enter into joint ventures.
- Introduction: Under A.R.S. § 41-2305 (B)(12) AOT has the authority to engage in joint ventures with private corporations to further the goals of the Office. Title 20, Chapter 3, Article 1 of the Arizona Administrative Code (A.A.C.) provides a definition, procedure, standards for participation, and conditions of participation.
- Policy: As part of a larger policy initiative, AOT’s executive team is evaluating the rule for effectiveness.
- Responsibility: Responsibility for this substantive policy lies with the Director of the Arizona Office of Tourism.
- Procedures: The AOT Executive Team will discuss the current rule in relation to the office’s work and determine if a rule amendment is necessary.