§ 40-14-2. Fund established.
There is hereby established a separate fund within the general fund to be called the equipment loan fund for people with disabilities, which shall be administered by the general treasurer in accordance with the same laws and fiscal procedures as the general funds of the state. There is hereby appropriated to this fund the sum of one hundred thousand dollars ($100,000). The department through its vocational rehabilitation agency shall be responsible for the administration of the program but may contract with organizations in carrying out the provisions of this chapter. All payments of interest and repayments of principal made by recipients of loans under this chapter shall be credited to general revenues.
History of Section.
P.L. 1988, ch. 611, § 1; P.L. 1995, ch. 370, art. 40, § 122; P.L. 1999, ch. 83, §
102; P.L. 1999, ch. 130, § 102.