28B.13.020 - Disposition of proceeds from sale of bonds.

Disposition of proceeds from sale of bonds.

The proceeds from the sale of the bonds authorized by this chapter, together with all grants, donations, transferred funds and all other moneys which the state finance committee may direct the state treasurer to deposit therein shall be deposited in the state higher education construction account in the state general fund.

[1974 ex.s. c 181 § 2.]