8-145e. Repossessed certificates of title fee fund; purpose.

8-145e

Chapter 8.--AUTOMOBILES AND OTHER VEHICLES
Article 1.--GENERAL PROVISIONS

      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.