                                 CODE OF VIRGINIA

FARMERS MAJOR DISASTER FUND ESTABLISHED (§ 3.2-506)

There is hereby created in the state treasury a special nonreverting fund to be
known as the Farmers Major Disaster Fund, hereafter referred to as &#8220;the
Fund.&#8221; The Fund shall be established on the books of the Comptroller. All
moneys allocated by the Governor from appropriations made to the Governor for
disaster planning and operations pursuant to the declaration of the state
disaster under Chapter 3.2 (§ 44-146.13 et seq.) of Title 44 shall be paid into
the state treasury and credited to the Fund. Interest earned on moneys in the
Fund shall remain in the Fund and be credited to it. Any moneys remaining in the
Fund, including interest thereon, at the end of each fiscal year shall not
revert to the general fund but shall remain in the Fund. Moneys in the Fund
shall be used solely for the purposes of emergency services programs pursuant to
§ 3.2-505 and all loans made pursuant to this chapter. Expenditures and
disbursements from the Fund shall be made by the State Treasurer on warrants
issued by the Comptroller upon written request signed by the Commissioner.

HISTORY: 1978, c. 837, § 3.1-22.20; 2008, c. 860.