217.07 Transfer of surplus property assets to department.
63 words·~1 min read·
/fl/title-xiv/chapter-217/217-07A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Chief Financial Officer is authorized to transfer to the department any funds unexpended in the Surplus Property Revolving Trust Fund account in the State Treasury. This revolving fund shall remain in existence as a separate trust fund as long as the surplus property program exists. Upon termination of the program any remaining funds shall be disposed of as provided by federal law.