Transfer; state lake improvement fund; administrative expenses

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28-5926. Transfer; state lake improvement fund; administrative expenses

A. Except as provided in subsection B of this section, on a monthly basis, the director shall deposit, pursuant to sections 35-146 and 35-147, one and six-tenths of one per cent of motor vehicle fuel tax monies collected pursuant to section 28-5606 in the state lake improvement fund established by section 5-382.

B. The director shall retain one per cent of the monies specified in subsection A of this section to defray administrative expenses.


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