[§201B-10]  Tourism emergency trust fund. (a)  There is established outside the state treasury a tourism emergency trustfund to be administered by the board as trustee, into which shall be depositedthe revenues prescribed by section 237D‑6.5(b).  All investment earningsfrom moneys in the trust fund shall be credited to the tourism special fund.

(b)  Moneys in the trust fund shall be usedexclusively to provide for the development and implementation of emergencymeasures to respond to any tourism emergency pursuant to section 201B-9,including providing emergency assistance to tourists during the tourismemergency.

(c)  Use of the trust fund, consistent withsubsection (b), shall be provided for in articles, bylaws, resolutions, orother instruments executed by the board as trustee for the trust fund. [L 2007,c 201, pt of §1]