§342D-85 - Revolving fund; deposits.
§342D-85 Revolving fund; deposits. Thefollowing may be deposited into the revolving fund:
(1) Federal capitalization grant funds and otherfederal grants, loans, or appropriations;
(2) Appropriations by the legislature to therevolving fund;
(3) Payments of principal and interest and otheramounts made by eligible parties pursuant to loans or other agreements enteredinto with the director pursuant to this part; provided that if the loans werefinanced by proceeds of revenue bonds of the director, the deposit of thepayments into the revolving fund shall be subject to the rights of the holdersof the bonds to receive the moneys;
(4) Fees for loans and other items under section342D-86;
(5) Proceeds of revenue bonds issued by the directorfor the purpose of providing financial assistance to eligible parties;
(6) Moneys paid to the revolving fund as a result ofcourt ordered awards of judgments;
(7) Moneys paid to the revolving fund incourt-approved or out-of-court settlements;
(8) All interest attributable to investment of moneysdeposited in the revolving fund; and
(9) All moneys allotted or directed to the revolvingfund from other sources. [L 1997, c 221, pt of §1; am L 2002, c 132, §8]
Note
Agency rules shall supersede the 2002 amendment until therules are amended, repealed, or replaced. L 2002, c 132, §9.