CHAPTER 7. COUNTY COMMISSIONS AND OFFICERS.

ARTICLE 21. COUNTY FINANCIAL STABILIZATION FUND ACT.

§7-21-4. Fund investment; usage.

(a) The county commission may invest the money in the fund as it considers appropriate, with the earnings retained by the fund.

(b) The county commission may appropriate money in the financial stabilization fund upon a majority vote for any of the following purposes:

(1) To cover a general fund shortfall; or

(2) Any other purpose the commission considers appropriate.

Bill History For §7-21-4