Section 13-53-15.3 - Medical school funds.
13-53-15.3. Medical school funds. Notwithstanding the provisions of § 13-53-15, medical school deposits into the higher education facilities fund shall equal twenty percent of the medical school tuition and fee revenue minus one hundred seventy-five thousand dollars.
The provisions of this section are retroactive from July 1, 1994. Any transaction that was consistent with § 13-53-15 is hereby ratified.
Source: SL 1984, ch 132; SL 1996, ch 131, §§ 2, 3.