60.2-308 - Expenditures solely for cost of administration. - Virginia Statutes

§ 60.2-308. Expenditures solely for cost of administration.

A. All moneys in this fund shall be expended solely for the purpose ofdefraying the cost of the administration of this title and for no otherpurpose whatsoever.

B. All moneys received by the Commission pursuant to the provisions of § 302of the Social Security Act (42 U.S.C. § 502), shall be expended solely forthe purposes and in the amounts found necessary by the Secretary of Labor ofthe United States for the proper and efficient administration of this title.

(Code 1950, § 60-97; 1956, c. 440; 1968, c. 738, § 60.1-114; 1986, c. 480.)