28B.14G.030 - Disposition of proceeds from sale of bonds.

Disposition of proceeds from sale of bonds.

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

[1981 c 233 § 3.]