§ 53A-23-103. Building Reserve Fund -- Investment of fund.

Latest version.

(1) The fund shall be known as the Building Reserve Fund of _________ (name of school district) School District.

(2) Any interest or capital gains accrue to the benefit of the fund.

(3) The fund may only be invested as provided in Title 51, Chapter 7, State Money Management Act of 1974.

Enacted by Chapter 2, 1988 General Session

                    
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