29.1-101.2 - Creation and management of Fund. - Virginia Statutes

§ 29.1-101.2. Creation and management of Fund.

There is a permanent revolving fund known as the Virginia Fish Passage Grantand Revolving Loan Fund, hereinafter referred to as the Fund. The Fund shallbe comprised of general fund moneys, receipts by the Fund from loans made byit, all income from the investment of moneys held by the Fund, and any othersums designated for deposit to the Fund from any source, public or private.The Fund shall be administered and managed by the Department and shall beused solely for the administration and management of the Fund and the FishPassage Program. Moneys may be expended (i) as provided for in §§ 29.1-101.5and 29.1-101.6 and (ii) for the costs incurred by the Department in themanagement of the Fund and operation of the Fish Passage Program.

(1989, c. 5, § 10.1-1214; 1992, cc. 464, 887.)