8-145e. Repossessed certificates of title fee fund; purpose.
8-145e
8-145e. Repossessed certificates of title fee fund;
purpose.
There is hereby created in the state treasury, the
repossessed certificates of title fee fund. All moneys credited to the
repossessed certificates of title fee fund shall be used by the department of
revenue only for the purposes of funding the administration and operations,
including personnel associated with the processing of certificates of title for
repossessed vehicles. All expenditures from the repossessed certificates
of title fee fund shall be made in accordance with appropriation acts, upon
warrants of the director of accounts and reports issued pursuant to vouchers
approved by the secretary of the department of revenue.
History: L. 1998, ch. 140, § 5; July 1.