Code of Virginia - Title 54.1 Professions And Occupations - Section 54.1-4405 Board of Accountancy Fund; receipts; disbursements

§ 54.1-4405. Board of Accountancy Fund; receipts; disbursements

A. The Board of Accountancy Fund (the Fund) is established as a special fund in the state treasury. All fees collected as provided in this chapter and regulations promulgated by the Board, shall be paid into the state treasury immediately upon collection and credited to the Fund. Any interest income shall accrue to the Fund. All disbursements from the Fund shall be made by the State Treasurer upon warrants of the Comptroller issued upon vouchers signed by an authorized officer of the Board or the Executive Director as authorized by the Board.

B. Notwithstanding any law to the contrary, the Board shall have the discretion to use the moneys in the Fund to support its operations as the Board deems appropriate.

(2001, c. 832; 2007, c. 804.)

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Last modified: April 3, 2009