Section 40.21.040. Gifts, bequests, or endowments of money.  


Latest version.
  • Gifts, bequests, or endowments of money shall be deposited in a separate account in the general fund and may be invested in a manner not inconsistent with the investment of other state funds. Proceeds of invested funds shall be used to carry out the purposes for which the money was given.

Notes


History

(Sec. 1 ch 191 SLA 1970)