§456-9.5 Notaries public revolving fund. (a) There is established in the state treasury the notaries public revolving fund into which shall be deposited:
(1) All fees, administrative fines, charges, or other payments received pursuant to section 456-9;
(2) Penalties and fines for violations of section 456-3, 456-7, or 456-16;
(3) Appropriations made for deposit into the notaries public revolving fund; and
(4) Interest earned on money in the notaries public revolving fund.
(b) The notaries public revolving fund shall be administered by the department of the attorney general. Notwithstanding any law to the contrary, moneys in the notaries public revolving fund shall be used for personnel costs, the acquisition of equipment, and operating and administrative costs deemed necessary by the department of the attorney general to administer this chapter. The moneys in the fund may also be used to train personnel as the attorney general deems necessary, and for any other activity related to notaries public. [L 1998, c 290, §1; am L 2008, c 175, §7]
Note
Transfer of certain interest earnings to general fund until June 30, 2015. L 2009, c 79, §30(a)(37).
Section: Previous 456-3 456-4 456-5 456-6 456-7 456-8 456-9 456-9.5 456-10 456-11 456-12 456-13 456-14 456-15 456-16 NextLast modified: October 27, 2016