10.1-202 - Gifts, funds, and fees designated for state parks; establishment of funds.
§ 10.1-202. Gifts, funds, and fees designated for state parks; establishmentof funds.
A. The State Park Conservation Resources Fund shall consist of all state parkfees, fees from concessions, civil penalties assessed pursuant to §10.1-200.2 and under § 10.1-200.3, all revenues associated with forestproduct sales on state parks pursuant to § 10.1-113, and all funds accruingfrom, on account of, or to the use or management of state parks acquired orheld by the Department. This special fund shall be noninterest bearing. Thefund shall be under the direction and control of the Director and may beexpended for the conservation, development, maintenance, and operations ofstate parks acquired or held by the Department. Unexpended portions of thefund shall not revert to the state treasury at the close of any fiscal yearunless specified by an act of the General Assembly.
B. The State Park Acquisition and Development Fund shall consist of theproceeds from the sale of surplus property. This special fund shall benoninterest bearing. The fund shall be under the direction and control of theDirector and shall be used exclusively for the acquisition and development ofstate parks. Unexpended portions of the fund shall not revert to the statetreasury at the close of any fiscal year unless specified by an act of theGeneral Assembly.
C. The State Park Projects Fund shall consist of all income, including grantsfrom any source, gifts and bequests of money, securities and other property,and gifts and devises of real property or interests therein given orbequeathed to the Department for the conservation, development, maintenance,or operations of state parks. This special fund shall be interest bearing andany income earned from these gifts, bequests, securities or other propertyshall be deposited to the credit of the fund. This fund shall be under thecontrol of the Director and may be expended with advice from the Board forthe conservation, development, maintenance, or operations of state parks.Unexpended portions of the fund shall not revert to the state treasury at theclose of any fiscal year unless specified by an act of the General Assembly.
D. The Director is authorized to receive and to sell, exchange, or otherwisedispose of or invest as he deems proper the moneys, securities, or other realor personal property or any interest therein given or bequeathed to theDepartment for any of the funds established under this section, unless suchaction is restricted by the terms of a gift or bequest. The Director mayenter into contracts and agreements, as approved by the Attorney General, toaccomplish the purposes of these funds. The Director may do any and alllawful acts necessary or appropriate to carry out the purposes for which theabove funds were established.
E. These funds shall not include any gifts of money to the Virginia LandConservation Foundation or other funds deposited in the Virginia LandConservation Fund.
(Code 1950, § 10-21.2; 1988, c. 891; 1992, c. 426; 1994, c. 391; 1996, cc.677, 686; 1999, cc. 900, 906; 2001, cc. 172, 370; 2003, cc. 79, 89; 2007, c.637; 2009, c. 856.)