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Chapter 173

Effective - 28 Aug 1994 bottom

  173.187.  Lender of last resort revolving fund, established, administration. — 1.  The "Lender of Last Resort Revolving Fund" is hereby established in the state treasury and shall consist of funds received from the United States Secretary of Education, charges, gifts, grants, and bequests from federal, private or other sources made for the purpose of assisting students in financing their education.  No portion of the fund shall be transferred to the general revenue fund.

  2.  The fund shall be administered by the program.


(L. 1994 S.B. 583)

---- end of effective   28 Aug 1994 ----

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