On August 1 each year the board of trustees shall transmit to the Supreme Court for deposit in the State Judicial Revolving Fund all funds on deposit in the law library fund in excess of twenty-five percent (25%) of the income to such Fund during the preceding fiscal year, the existing surplus on hand on the effective date of this act being excluded.
Added by 1975, c. 55, § 11, emerg. eff. April 9, 1975. Amended by Laws 1979, c. 112, § 4, eff. July 1, 1979; Laws 2004, c. 443, § 4, eff. July 1, 2004.