§40-14-2  Fund Established. –

Published: 2015

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Human services


Equipment Loan Fund for People with Disabilities

SECTION 40-14-2

   § 40-14-2  Fund established. –

There is hereby established a separate fund within the general fund to be

called the equipment loan fund for people with disabilities, which shall be

administered by the general treasurer in accordance with the same laws and

fiscal procedures as the general funds of the state. There is hereby

appropriated to this fund the sum of one hundred thousand dollars ($100,000).

The department through its vocational rehabilitation agency shall be

responsible for the administration of the program but may contract with

organizations in carrying out the provisions of this chapter. All payments of

interest and repayments of principal made by recipients of loans under this

chapter shall be credited to general revenues.

History of Section.

(P.L. 1988, ch. 611, § 1; P.L. 1995, ch. 370, art. 40, § 122; P.L.

1999, ch. 83, § 102; P.L. 1999, ch. 130, § 102.)

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