§ 162-f-20

162-F:20 Administration of Fund. – I. The state treasurer shall administer each fund established under this chapter. The treasurer and the committee shall take every reasonable precaution to preserve the integrity of each non-taxable fund. Interest, dividends and other earnings of the fund shall, after deducting the expenses of administering the fund, be added to the fund and shall be considered payments to the fund until the specified amount is reached. II. [Repealed.] Source. 1981, 109:2. 2001, 193:16, eff. Sept. 3, 2001.