324.016. Contingent effective date for statutory requirements of the division — borrowing of funds permitted, when. — No new licensing activity or other statutory requirements assigned to the division of professional registration shall become effective until expenditures or personnel are specifically appropriated for the purpose of conducting the business as required and the initial rules filed, if appropriate, have become effective*. The director of the division of professional registration shall have the authority to borrow funds from any agency within the division to commence operations upon appropriation for such purpose. This authority shall cease at such time that a sufficient fund has been established by the agency to fund its operations and repay the amount borrowed.
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(L. 2008 S.B. 788)
*Revisor's Note: The appropriations specified in this section have been made to the Division of Professional Registration in accordance with this section.
---- end of effective 28 Aug 2008 ----
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