                                 CODE OF VIRGINIA

 ORPHANED LANDS RECLAMATION FUND (§ 45.2-1228)

There is hereby created in the state treasury a special nonreverting fund to be
known as the Orphaned Lands Reclamation Fund, referred to in this section as
&#8220;the Fund.&#8221; The Fund shall be established on the books of the
Comptroller. An amount equal to the average interest rate earned for all funds
in the state treasury as applied to the Minerals Reclamation Fund created
pursuant to § 45.2-1234 shall be paid annually into the state treasury and
credited to the Fund. Moneys in the Fund shall be used solely for the purpose of
the reclamation of orphaned lands pursuant to this article. 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.
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 Director.

HISTORY: 1978, c. 634, § 45.1-197.18; 1984, c. 590; 2017, c. 4; 2021, Sp. Sess.
I, c. 387.