4-40-405 - Financial management. [Effective until June 30, 2010. See the Compiler's Notes.]
4-40-405. Financial management. [Effective until June 30, 2010. See the Compiler's Notes.]
(a) Moneys appropriated to the center shall be invested by the state treasurer in accordance with applicable general law, except as qualified by this part. The moneys shall be held separate and apart from all other moneys, funds, and accounts in a special agency account within the state general fund.
(b) Any balance remaining unexpended at the end of a fiscal year in the account shall be carried forward into the subsequent fiscal year.
(c) Investment earnings credited to the assets of the account, including, but not limited to, interest, shall be carried forward into the subsequent fiscal year.
(d) The center is authorized to request and receive gifts, contributions, bequests, donations and grants from any legal and appropriate source to effectuate its purpose. Any funds received shall be deposited into the special agency account created pursuant to subsection (a).
(e) Moneys in the special agency account shall be expended only in accordance with, and for the purposes stated in, the provisions of this part. No part of this account shall be diverted to the general fund or any other public fund for any purpose whatsoever.
[Acts 2006, ch. 867, § 1.]