(a) There is hereby 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 Building Trades Revolving Fund.
(b) This fund shall consist of all funds appropriated for the building trades program and from the sale of dwelling units constructed under the provisions of § 6-51-501 et seq., there to be used exclusively for making advances to technical institutes or comprehensive lifelong learning centers for the purchase of lots, building materials, supplies, and fixtures necessary to construct dwellings on such lots, as set out in § 6-51-501 et seq.
Section: Previous 19-5-1053 19-5-1054 19-5-1055 19-5-1056 19-5-1059 19-5-1060 19-5-1063 19-5-1064 19-5-1066 19-5-1067 19-5-1068 19-5-1070 19-5-1071 19-5-1073 19-5-1074 NextLast modified: November 15, 2016