Racing cash fund.

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(1) The racing cash fund is hereby established in the state treasury. Subject to appropriation by the general assembly, the division shall use the money in the racing cash fund for the direct and indirect costs of administering this article 32.

(2) Money in the racing cash fund at the end of any fiscal year shall remain in the racing cash fund and shall not revert to the general fund or any other fund. The racing cash fund shall be maintained in accordance with section 24-75-402.

Source: L. 2018: Entire article added with relocations, (HB 18-1024), ch. 26, p. 293, § 2, effective October 1.

Editor's note: This section is similar to former § 12-60-205 as it existed prior to 2018.


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