34A-13-20.1. Transfer of funds to and from state highway fund.
94 words·~1 min read·
/sd/title-34/chapter-34-13/34a-13-20-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.