Transfer of funds to and from state highway fund.

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

34A-13-20.1. Transfer of funds to and from state highway fund.

If the balance of the petroleum release compensation fund falls below two million dollars and has additional accounts payable that exceed projected monthly deposits pursuant to §34A-13-20, a transfer shall be made from the state highway fund to the petroleum release compensation fund in an amount that brings the balance of the petroleum release compensation fund to five million dollars.

Any balance in the petroleum release compensation fund in excess of six million dollars, after any monthly deposit made pursuant to §34A-13-20, shall be transferred to the state highway fund.

Source: SL 2018, ch 124, §2.


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