§ 44-20-133 — Disposition of fees - auto dealers license fund - created

(1) The
department shall deposit all money received under this part 1 with the state
treasurer, subject to section 24-35-101, together with a detailed statement of the
receipts, and the money deposited with the state treasurer constitutes a fund to be
known as the auto dealers license fund, which fund is hereby created; except that
the department shall deposit fines imposed under sections 44-20-129 and 44-20-130 (2) in accordance with sections 44-20-129 and 44-20-130 (2). The fund shall be
used under the direction of the board in the following manner:

(a) (I) For the payment of the expenses of the administration of the board as
the general assembly deems necessary by making an appropriation therefor on an
annual fiscal-year basis commencing July 1, 1971, and thereafter.

(II) Any money remaining in the fund on December 31, 1971, and at the close
of each calendar year thereafter, after costs of administration of the law as
provided in this part 1, shall remain in the auto dealers license fund to be used for
educational and enforcement purposes as appropriated by the general assembly.

(b) To pay the department for the administration of actions or proceedings
brought before the executive director pursuant to section 44-20-124;

(c) To enforce section 44-20-124 (2);

(d) To implement part 4 of this article 20;

(e) To enforce section 44-20-423 (2).

Legislative History

Source: L. 2018: IP(1) amended and (1)(d) and (1)(e) added, (HB 18-1105), ch. 28, p. 328, � 1, effective August 8; entire article added with relocations, (SB 18-030), ch. 7, p. 86, � 2, effective October 1.