Deposit and use of funds.

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

(A) Except as provided in subsection (B), all fees received and money collected under the provisions of this chapter must be deposited in the State Treasury and set apart in a special fund. Appropriations from this fund must be used for the expenses of the department in administering the provisions of this chapter or for any purpose related to the mission of the department.

(B) To the extent fees collected pursuant to Section 50-23-70, in connection with titling a boat, are attributable to fee increases beginning July 1, 1999, revenues from those increases must be used by the department for its law enforcement responsibilities. Any surplus may be carried forward for that use.

HISTORY: 1962 Code Section 70-295.122; 1971 (57) 915; 1992 Act No. 501, Part II, Section 44.B; 1993 Act No. 181, Section 1270; 1999 Act No. 100, Part II, Section 64.F; 1999 Act No. 124, Section 2.S.

Code Commissioner's Note

At the direction of the Code Commissioner, the amendments to subsection (A) by 1999 Acts 100 and 124 were read together.


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