3.2-1305 - Virginia Cattle Industry Fund established. - Virginia Statutes

§ 3.2-1305. Virginia Cattle Industry Fund established.

There is hereby created in the state treasury a special nonreverting fund tobe known as the Virginia Cattle Industry Fund, hereinafter referred to as"the Fund." The Fund shall be established on the books of the Comptroller.All funds collected pursuant to § 3.2-1306 shall be paid into the statetreasury and credited to the Fund. Any moneys remaining in the Fund,including interest thereon, at the end of each fiscal year shall not revertto the general fund but shall remain in the Fund.

All moneys credited to the Fund shall be used exclusively as set forth inthis chapter. The Auditor of Public Accounts shall audit all the accounts ofthe Cattle Industry Board as is provided for in § 30-133. Expenditures anddisbursements from the Fund shall be made by the Cattle Industry Board onwarrants issued by the Comptroller upon written request signed by a dulyauthorized officer of the Cattle Industry Board.

(1970, c. 310, § 3.1-796.26; 1978, c. 540; 1983, c. 375; 1985, c. 237; 2008,c. 860.)