TITLE 17. STATE FINANCE

CHAPTER 1. GENERAL ADMINISTRATION

Part 5. Dedication of Revenue to State Special Revenue Fund

Effect Of Termination

17-1-504. Effect of termination. (1) If the legislature has appropriated revenue from sources de-earmarked by the legislature, the appropriation is considered to have been made from the general fund.

(2) All assets, liabilities, and fund balances of accounts terminated by the legislature accrue to the general fund.

History: En. Sec. 4, Ch. 593, L. 1993; amd. Sec. 1, Ch. 252, L. 1995; amd. Sec. 17, Ch. 509, L. 1995.