(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Property Sales Holding Fund.
(b) This fund shall consist of the proceeds of property sold, transferred, or rented by the Marketing and Redistribution Section of the Department of Finance and Administration, as authorized by law, and such other funds as may be authorized by law.
(c) It shall be used for the expenditure of proceeds from sale or disposition of property by the benefiting state agency and for the maintenance, operation, and improvement of the section.
Section: Previous 19-5-1003 19-5-1004 19-5-1005 19-5-1006 19-5-1007 19-5-1008 19-5-1009 19-5-1010 19-5-1011 19-5-1013 19-5-1015 19-5-1016 19-5-1017 19-5-1018 19-5-1019 NextLast modified: November 15, 2016