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NEW HAMPSHIRE STATUTES AND CODES

Section 310-B:21 Receipts and Disbursements.


   I. There shall be a board secretary who shall receive and account for all moneys derived under the provisions of this chapter. At least monthly, the receipts shall be turned over to the state treasurer, who shall keep such moneys in a separate fund to be known as the real estate appraisers fund. Such fund shall be kept separate and apart from all moneys in the treasury, and shall be disbursed only for purposes of this chapter. Under no circumstances shall the total amount of payments exceed the fees collected under this chapter.
   I-a. All moneys collected as administrative penalties through enforcement actions or settlements under this chapter shall be credited to the real estate appraisers fund and disbursed by the board for the investigation of complaints and activities that violate this chapter or rules adopted by the board.
   II. The board shall reimburse the general fund for moneys appropriated for the purposes of this chapter as soon as such funds are available. A schedule for making periodic payments for reimbursement of advanced funds shall be acted upon at the board's first meeting.
   III. Revenues in excess of budget estimates may be expended with the prior approval of the legislative fiscal committee and the governor and council.

Source. 1990, 167:3, eff. April 27, 1990. 2006, 318:11, eff. Aug. 18, 2006.

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