Transfer of unobligated cash to general revenue replacement fund.

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4-7-39. Transfer of unobligated cash to general revenue replacement fund.

The commissioner of the Bureau of Finance and Management shall transfer any unobligated cash remaining after the transfer into the budget reserve fund as required by §4-7-32 into the general revenue replacement fund if the amount in the general revenue replacement fund does not exceed fifteen percent of the general fund appropriations in the General Appropriations Act for the previous fiscal year.

Source: SL 1998, ch 26, §1; SL 2002, ch 28, §1; SL 2015, ch 39, §12.


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