3.2-2211 - Virginia Small Grains Fund established.
§ 3.2-2211. Virginia Small Grains Fund established.
There is hereby created in the state treasury a special nonreverting fund tobe known as the Virginia Small Grains Fund, hereafter referred to as "theFund." The Fund shall be established on the books of the Comptroller. Allmoneys levied and collected under the provisions of this chapter shall bepaid into the state treasury and credited to the Fund. Interest earned onmoneys in the Fund shall remain in the Fund and be credited to it. Any moneysremaining the Fund, including interest thereon, at the end of each fiscalyear shall not revert to the general fund but shall remain in the Fund.Moneys in the Fund shall be used solely for the purposes set forth in thischapter.
Expenditures and disbursements from the Fund shall be made by the SmallGrains Board on warrants issued by the Comptroller upon written requestsigned by the duly authorized officer of the Small Grains Board.
In carrying out the purposes of this chapter, the Small Grains Board maycooperate with other state, regional, national, and internationalagricultural organizations in market development, education, publicity,research, and the promotion of the sale and use of small grains. The proceedsfrom such activities shall be promptly paid into the Virginia Small GrainsFund.
The Auditor of Public Accounts shall audit all the accounts of the SmallGrains Board as provided for in § 30-133.
Money from the Fund shall not be diverted or expended for any purpose otherthan those set forth in this chapter unless authorized by a specific Act ofAssembly.
(1991, c. 587, §§ 3.1-684.56, 3.1-684.57; 2008, c. 860.)