                                 CODE OF VIRGINIA

VIRGINIA AGRICULTURAL FOUNDATION FUND ESTABLISHED (§ 3.2-2905)

There is hereby established in the state treasury a special nonreverting fund to
be designated as the Virginia Agricultural Foundation Fund, hereafter referred
to as &#8220;the Fund.&#8221; The Fund shall be established on the books of the
Comptroller. All transfers made to the Fund under §§ 3.2-3617, 3.2-3710,
3.2-4004, 3.2-4814, 58.1-2259, and 58.1-2289, other moneys appropriated thereto,
gifts and grants, and interest accruing thereon 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. The Fund shall be expended in
accordance with the directions of the Agricultural Council and drawn from the
state treasury in the manner provided by law.

HISTORY: Code 1950, § 3-16.9; 1966, c. 536, § 3.1-22.5; 1970, c. 457; 1976, c.
91; 1994, cc. 577, 649, 740, 743; 2008, c. 860.