                                 CODE OF VIRGINIA

BOARD OF ACCOUNTANCY FUND; RECEIPTS; DISBURSEMENTS (§ 54.1-4405)

A. The Board of Accountancy Fund (the Fund) is established as a special fund in
the state treasury. All fees collected as provided in this chapter and
regulations promulgated by the Board, shall be paid into the state treasury
immediately upon collection and credited to the Fund. Any interest income shall
accrue to the Fund. All disbursements from the Fund shall be made by the State
Treasurer upon warrants of the Comptroller issued upon vouchers signed by an
authorized officer of the Board or the Executive Director as authorized by the
Board.

B. Notwithstanding any law to the contrary, the Board shall have the discretion
to use the moneys in the Fund to support its operations as the Board deems
appropriate.

HISTORY: 2001, c. 832; 2007, c. 804.