45-1503. Flood warning system fund
A. A flood warning system fund is established for developing a flood warning system, purchasing flood warning system equipment and providing assistance to local entities on a cost sharing basis for the planning, design, installation, operation and maintenance of flood warning systems. The director shall administer the fund.
B. The flood warning system fund shall consist of monies from legislative appropriations, grants and contributions from other public agencies.
C. On notice from the director, 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.
D. Monies in the fund are exempt from lapsing under section 35-190.
Section: Previous 45-1450 45-1451 45-1471 45-1473 45-1491 45-1501 45-1502 45-1503 45-1504 45-1505 45-1506 45-1601 45-1602 45-1603 45-1604 NextLast modified: October 13, 2016