75-67-239 - Disposition of funds collected under Article 5. - Mississippi Statutes

§ 75-67-239. Disposition of funds collected under Article 5.
 

All fees, license tax and penalties provided for in this article which are payable to the commissioner shall, when collected, be deposited in a special and separate fund to be known as the "Consumer Finance Fund" and shall be expended by the commissioner solely and exclusively for the purpose of administering and enforcing the provisions of this article and the Small Loan Regulatory Law (Section 75-67-101 et seq.). 
 

Sources: Codes, 1942, § 5591-50; Laws,  1958, ch. 168, § 20; Laws, 1985, ch. 345, § 4, eff from and after July 1, 1985.