23-19-17.7 - Wildlife Resources Trust Account created -- Lifetime license fees deposited -- Disposition of income -- Restriction on use of fund.
23-19-17.7. Wildlife Resources Trust Account created -- Lifetime license feesdeposited -- Disposition of income -- Restriction on use of fund.
(1) There is created within the General Fund a restricted account to be known as theWildlife Resources Trust Account. All fees received from the sale of lifetime licenses shall bedeposited in that account.
(2) All interest earned by investments of the funds in the Wildlife Resources TrustAccount shall, on July 1 of each year, be deposited in the Wildlife Resources Account created inSection 23-14-13.
(3) Money in the Wildlife Resources Trust Account is subject to the restriction in Section23-22-2 that no money paid to the state for hunting and fishing license fees shall be diverted forany other purpose than the enhancement of wildlife by the Division of Wildlife Resources.
Enacted by Chapter 30, 1984 General Session