[§42F-104]  Contracts for grants and
subsidies.  An appropriation for a grant or subsidy shall be disbursed by a
contract between the state agency designated the expending agency for the
appropriation by the legislature, and the recipient of the grant or subsidy. 
The contract shall be effective as of the first day of the fiscal year for
which the funds for the grant or subsidy are appropriated, provided that up to
one-fourth of the total amount appropriated may be disbursed prior to the
execution of the contract. [L 1997, c 190, pt of §3]