§5A-3-58. Creation of the Purchasing Improvement Fund

Published: 2015

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WVC 5 A- 3 - 58

§5A-3-58. Creation of the Purchasing Improvement Fund.

There is hereby created in the State Treasury a special

revenue account to be known as the Purchasing Improvement Fund.

The Purchasing Improvement Fund shall receive funds transferred

from the Purchasing Card Administration Fund by the Auditor

pursuant to section ten-d, article three, chapter twelve of this

code and shall be administered by the secretary. Expenditures from

the fund shall be for the purposes set forth in this article and

are not authorized from collections but are to be made only in

accordance with appropriation by the Legislature and in accordance

with the provisions of article three, chapter twelve of this code

and upon fulfillment of the provisions of article two, chapter

eleven-b of this code: Provided, That for the fiscal year ending

the thirtieth day of June, two thousand eight, expenditures are

authorized from collections rather than pursuant to appropriation

by the Legislature.

Note: WV Code updated with legislation passed through the 2015 Regular Session

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