STATE STATUTES & CODES
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VIRGINIA STATUTES AND CODES
54.1-4405 - Board of Accountancy Fund; receipts; disbursements.
§ 54.1-4405. Board of Accountancy Fund; receipts; disbursements.
A. The Board of Accountancy Fund (the Fund) is established as a special fundin the state treasury. All fees collected as provided in this chapter andregulations promulgated by the Board, shall be paid into the state treasuryimmediately upon collection and credited to the Fund. Any interest incomeshall accrue to the Fund. All disbursements from the Fund shall be made bythe State Treasurer upon warrants of the Comptroller issued upon voucherssigned by an authorized officer of the Board or the Executive Director asauthorized by the Board.
B. Notwithstanding any law to the contrary, the Board shall have thediscretion to use the moneys in the Fund to support its operations as theBoard deems appropriate.
(2001, c. 832; 2007, c. 804.)