Expenditure of Interest

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Sec. 12. Subject to the approval of the state budget agency, the auctioneer commission may expend the interest earned by the auctioneer recovery fund for:

(1) information concerning the commission's activities and administrative rulings;

(2) other educational information concerning the practice of auctioneering; and

(3) expenses related to the continuing education program.

As added by P.L.256-1987, SEC.4. Amended by P.L.59-2014, SEC.14.


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