                                 CODE OF VIRGINIA

HISTORIC RESOURCES FUND ESTABLISHED; ADMINISTRATION; PURPOSE (§ 10.1-2202.1)

A. There is hereby established a special, nonreverting fund in the state
treasury to be known as the Historic Resources Fund, hereafter referred to as
the Fund. The Fund shall be administered and managed by the Director and used
for the general purposes of education, financing of museum operating and capital
expenses, performing research, and conducting special historic preservation
projects as identified by the Department and the donors. The Fund shall consist
of appropriations from the General Assembly designated for the Fund, any gifts
and bequests, cash and noncash, and all proceeds from the sale of Department
publications and educational or promotional material, income from contracted
services, and grants. Initial funding shall be made by a transfer of existing
donations and special funds consistent with the intent of this new fund.

B. The Fund shall be established on the books of the State Comptroller. Any
moneys remaining in the Fund shall not revert to the general fund but shall
remain in the Fund. Interest earned on such moneys shall remain in the Fund and
be credited to it. Any income earned from gifts, bequests, securities, and other
property shall be deposited to the credit of the Fund.

HISTORY: 1995, c. 21.