Code of Virginia § 10.1-1116. Reforestation Operations Fund.
124 words·~1 min read·
/va/title-10-1/chapter-11/10-1-1116·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All money obtained from the state forests, except as provided in subsection E of § 10.1-1107 , shall be paid into a special nonreverting fund in the state treasury, to the credit of the Reforestation Operations Fund (the Fund). Interest earned on the moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund, but shall remain in the Fund. The moneys in the Fund are to be utilized for state forest protection, management, replacement, and extension, under the direction of the State Forester.
Code 1950, § 10-39; 1986, c. 567; 1988, c. 891; 2014, c. 263 .