69-37-39 - Boll Weevil Management Fund; deposits; disbursements. - Mississippi Statutes

§ 69-37-39. Boll Weevil Management Fund; deposits; disbursements.
 

There is hereby created within the State Treasury a special fund to be designated the "Boll Weevil Management Fund" into which shall be deposited all the revenues required to be deposited into such fund pursuant to Section 27-65-75(14), Mississippi Code of 1972. Money deposited into the fund shall not lapse at the end of any fiscal year and investment earning on the proceeds in such special fund shall be deposited into such fund. Money from such fund shall be disbursed therefrom upon warrants issued by the State Fiscal Officer upon requisitions signed by the Commissioner of Agriculture and Commerce to assist the Department of Agriculture and Commerce in carrying out its duties under the Mississippi Boll Weevil Management Act (Section 69-37-1 et seq., Mississippi Code of 1972). The Commissioner of Agriculture and Commerce may disburse all or any portion of the money the Department of Agriculture and Commerce receives from the fund to the Certified Cotton Growers Organization, as defined in Section 69-37-5, Mississippi Code of 1972, to assist such organization in carrying out its duties under the Mississippi Boll Weevil Management Act. 
 

Sources: Laws,  1998, ch. 584, § 1, eff from and after July 1, 1998.