[§304A-2005]  Special and revolving funds;management.  In managing special and revolving funds under its control, theboard of regents shall ensure that:

(1)  The purposes for which special and revolvingfunds are expended, encumbered, or transferred benefit those upon whom fees andcharges are imposed through these funds; and

(2)  Fees and charges are fair and equitable withrespect to the level and quality of services provided to those upon whom feesand charges are imposed. [L 2006, c 75, pt of §2]