(1) The board may accept grants, donations, contributions, or gifts from any source for expenditures for any purpose consistent with the powers of the board.
The horse development fund is abolished, and any moneys in the fund as of June 30,1998, shall revert to the general fund.
Source: L. 95: Entire article added, p. 1001, § 1, effective July 1. L. 98: (2) amended, p. 1260, § 6, effective June 1.