97 Www 5

* § 97-www. Percy T. Phillips educational foundation of the Dental Society of the state of New York fund. 1. There is hereby established in the joint custody of the state comptroller and the commissioner of taxation and finance a fund to be known as the 'Percy T. Phillips Educational Foundation of The Dental Society of the State of New York Fund'. 2. Such fund shall consist of all moneys collected pursuant to section four hundred four-r of the vehicle and traffic law, and all other moneys credited or transferred thereto from any other fund or source pursuant to law, provided that section four hundred four-r of the vehicle and traffic law shall control the method of payment for the costs of producing the distinctive license plates authorized pursuant to such section of law. 3. Moneys of the fund shall be expended for the benefit of the dental education and public access programs of the Percy T. Phillips educational foundation of the Dental Society of the state of New York. Moneys shall be paid out of the fund on the audit and warrant of the state comptroller on vouchers approved by the chairman of the board of trustees of the Percy T.

Society of the state of New York. Moneys shall be paid out of the fund on the audit and warrant of the state comptroller on vouchers approved by the chairman of the board of trustees of the Percy T. Phillips educational foundation of the Dental Society of the state of New York or by the treasurer or the executive director of the Percy T. Phillips educational foundation of the Dental Society of the state of New York. Any interest received by the comptroller on moneys on deposit in the Percy T. Phillips educational foundation of the Dental Society of the state of New York fund shall be retained in and become part of such fund. No money from such fund may be withdrawn, transferred, or used by any person for any purpose other than as permitted in this section. * NB There are 5 § 97-www's