19-6-824 - Transfer of assets and liabilities from Waste Tire Recycling Industrial Assistance Loan Fund to restricted special revenue fund -- Administration of outstanding loans.

19-6-824. Transfer of assets and liabilities from Waste Tire Recycling IndustrialAssistance Loan Fund to restricted special revenue fund -- Administration of outstandingloans.
(1) The assets and liabilities of the Waste Tire Recycling Industrial Assistance LoanFund shall be transferred to the restricted special revenue fund.
(2) The Division of Finance shall account for and track any outstanding loans madeunder the Waste Tire Recycling Industrial Assistance Loan Program.
(3) (a) The Governor's Office of Economic Development shall administer the collectionof any outstanding loans made under the Waste Tire Recycling Industrial Assistance LoanProgram.
(b) Any loan repayments shall be deposited in the fund.

Amended by Chapter 148, 2005 General Session