State old age pension fund - priority.

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All moneys deposited in the state old age pension fund shall be first available for payment of basic minimum awards to qualified old age pension recipients, and no part of said fund shall be transferred to any other fund until such basic minimum awards shall have been paid. Moneys in the state old age pension fund shall be subject to annual appropriation by the general assembly.

Source: L. 73: R&RE, p. 1188, § 2. C.R.S. 1963: § 119-3-15. L. 93: Entire section amended, p. 1507, § 6, effective June 6.


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