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



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



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