Uses of the trust fund

Checkout our iOS App for a better way to browser and research.

§455. Uses of the trust fund

1.  Funds available.  The board may utilize available funds as follows.  

A. The board may use income for the purposes of this section.   [PL 1981, c. 711, §2 (NEW).]

B. The board may use the principal if approved by the Legislature and the Governor.   [PL 1981, c. 711, §2 (NEW).]

[PL 1981, c. 711, §2 (NEW).]

2.  Uses.  Funds may be used as follows:  

A. To purchase and develop land or other real property interests for park and recreational uses;   [PL 1981, c. 711, §2 (NEW).]

B. To purchase wildlife habitats, marine habitats and unique natural areas; or   [PL 1981, c. 711, §2 (NEW).]

C. To restore the quality of marine waters, lakes, rivers and streams.   [PL 1981, c. 711, §2 (NEW).]

[PL 1981, c. 711, §2 (NEW).]

SECTION HISTORY

PL 1981, c. 711, §2 (NEW).


Download our app to see the most-to-date content.