1-16B-12. Transfer of income from capital reserve fund to a general account--Continuous appropriation for purposes of chapter.
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/sd/title-1/chapter-1-16/1-16b-12A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Economic Development Finance Authority may authorize a trustee to transfer any income from the capital reserve fund to a general account also in the custody of a trustee. The money in the authority's accounts is hereby continuously appropriated to the authority to carry out the purposes of this chapter.