                                 CODE OF VIRGINIA

GRAIN DEALERS LICENSING AND BONDING FUND ESTABLISHED; DISPOSITION OF FEES AND
PENALTIES (§ 3.2-4758)

There is hereby created in the state treasury a special nonreverting fund to be
known as the Grain Dealers Licensing and Bonding Fund, hereafter referred to as
&#8220;the Fund.&#8221; The Fund shall be established on the books of the
Comptroller. All fees and penalties for renewals payable under this article
shall be collected by the Commissioner and 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 for the sole purpose
of enforcement of this article.

HISTORY: 1972, c. 296, § 3.1-722.22; 1975, c. 531; 1982, c. 187; 2008, c. 860.