3.2-1206 - Apple Fund established.
§ 3.2-1206. Apple Fund established.
There is hereby created in the state treasury a special nonreverting fund tobe known as the Apple Fund, hereafter referred to as "the Fund." The Fundshall be established on the books of the Comptroller. All moneys levied andcollected under the provisions of this chapter shall be paid into the statetreasury and credited to the Fund. Interest earned on moneys in the Fundshall remain in the Fund and be credited to it. Any moneys remaining in theFund, including interest thereon, at the end of each fiscal year shall notrevert to the general fund but shall remain in the Fund. Moneys in the Fundshall be used solely for the purposes of administration and enforcement ofthis chapter, including the payment for personal services and expenses ofagents of the Apple Board and the payment of rent, services, materials, andsupplies necessary to effectuate the purposes and objects of this chapter, oras specifically provided in any referendum ratified pursuant to this chapter.Expenditures and disbursements from the Fund shall be made by the Apple Boardon warrants issued by the Comptroller upon written request signed by a dulyauthorized officer of the Apple Board. The Auditor of Public Accounts shallaudit all the accounts of the Apple Board as provided for in § 30-133.
(Code 1950, §§ 3-512.16, 3-512.17; 1958, c. 149; 1966, c. 702, §§ 3.1-626,3.1-627; 1999, c. 793; 2004, c. 214; 2005, cc. 864, 875; 2008, c. 860.)