49-1272. Water supply development revolving
fund; administration


A. The board shall administer the water supply development revolving fund.


B. On notice from the board, the state treasurer shall invest and divest monies in
the fund as provided by section 35-313, and monies earned from investment shall be
credited to the fund.


C. Monies and other assets in the fund shall be used solely for the purposes
authorized by this article.