28B.56.040 - Proceeds from bond sale -- Administration and expenditure.

Proceeds from bond sale — Administration and expenditure.

The proceeds from the sale of bonds deposited in the community college capital improvements account shall be administered and expended by the *state board for community college education subject to legislative appropriation.

[1972 ex.s. c 133 § 4.]

Notes: *Reviser's note: The state board for community college education was renamed the state board for community and technical colleges by 1991 c 238 § 30.