Section 228:24 Inventory Fund.
There is hereby established a public works and highway inventory fund not to exceed $1,000,000, which sum is hereby not otherwise appropriated. The commissioner of transportation may purchase, through the division of property and plant management, such operating materials and supplies as may be necessary for the operation of the department which shall be a charge against said fund. Materials or supplies requisitioned therefrom by a division of the department or by other state departments shall upon delivery be a charge against the funds of such division or other state department. All sales of materials and supplies from the inventory shall be credited to the inventory fund and are hereby appropriated to and made available for expenditures from the inventory fund. The commissioner shall transfer from the inventory fund to the highway fund the total amount paid by divisions of his department or other state departments into said fund in excess of the cost of any materials or supplies purchased therefrom.
Source. RSA 229:6-c. 1973, 376:60. 1979, 434:30. 1981, 87:1. 1985, 323:3, eff. June 14, 1985; 402:6, I(b)(1).