3.2-2005 - Virginia Pork Industry Fund; established. - Virginia Statutes

§ 3.2-2005. Virginia Pork Industry Fund; established.

There is hereby created in the state treasury a special nonreverting fund tobe known as the Virginia Pork Industry Fund, hereafter referred to as "theFund." The Fund shall be established on the books of the Comptroller. Allmoneys levied and collected under the provisions of this chapter shall bepaid into the state treasury and credited to the Fund.

Interest earned on moneys in the Fund shall remain in the Fund and becredited to it. Any moneys remaining in the Fund, including interest thereon,at the end of each fiscal year shall not revert to the general fund but shallremain in the Fund. Moneys in the Fund shall be used solely for the purposesset forth in this chapter, including paying the costs of collecting the taxlevied on hogs pursuant to this chapter, and the administration of thischapter, including payment for personal services, materials, and suppliesnecessary to effect the purposes of this chapter. Expenditures anddisbursements from the Fund shall be made by the Pork Industry Board onwarrants issued by the Comptroller upon written request signed by a dulyauthorized officer of the Pork Industry Board.

The Auditor of Public Accounts shall audit all the accounts of the PorkIndustry Board as is provided for in § 30-133.

(Code 1950, § 3-598.17; 1966, c. 658, § 3.1-763.11; 1978, c. 540; 2008, c.860.)