§ 6-13-8 — Deposit and credit of sale revenue.

All revenue accruing from the sale of surplus property pursuant to this chapter shall be paid into the treasury of such political subdivision and credited, at the discretion of the governing board, to the general fund, to the fund in which such property was inventoried, or to the capital outlay fund of a school district.

Legislative History

SL 1988, ch 64, § 8; SL 2001, ch 35, § 1.