5-15-29.1. Building depreciation fund--Expenditures.
43 words·~1 min read·
/sd/title-5/chapter-5-15/5-15-29-1·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is hereby established a building depreciation fund in which funds collected for depreciation pursuant to § 5-15-29 shall be deposited. Expenditures from such fund shall be made only upon approval of the Legislature or the special committee created by chapter 4-8A .