ARTICLE 2.5. Agriculture Trust Fund [230. - 240.5.]
Article 2.5 added by Stats. 1993, Ch. 872, Sec. 2.
§§ 230–240.5 · 14 sections
- § 230 As used in this article: (a) “Advisory body” means the advisory body for each individual agriculture program. (b) “Agriculture programs” means the programs…
- § 231 The Legislature finds and declares that the maintenance of agriculture funded programs described in subdivision (b) of Section 230 is necessary to ensure the…
- § 232 The Agriculture Trust Fund is hereby created. The trust fund is not a fund of the State Treasury. Transfers to the trust fund may be deposited in the State…
- § 233 (a) The trust fund consists of moneys transferred by the director from the Department of Food and Agriculture Fund, including all income therefrom. The amount…
- § 234 The trust fund is created for the exclusive purpose of implementing and continuing the agricultural programs for which the funds were collected.
- § 235 Each agricultural program specified in subdivision (b) of Section 230 with funds contained in the Department of Food and Agriculture Fund shall participate in…
- § 236 The beneficiaries of the trust are the agricultural programs with money contained in the trust fund.
- § 237 The trust fund shall continue in existence for as long as any of the agricultural programs specified in subdivision (b) of Section 230 continues to exist. Upon…
- § 238 It is hereby declared, as a matter of legislative determination, that the advisory body for each of the identified agricultural programs is intended to…
- § 238.5 The chairperson of each advisory body shall advise the director on the administration of the trust fund, including, but not limited to, the amount of the fund…
- § 239 All trust fund activities shall be subject to an audit at least once every two years by an auditing firm selected by the director in accordance with Chapter 2…
- § 239.5 Any money that is deposited pursuant to Section 232, which the director determines is available for investment, may be invested or reinvested in any of the…
- § 240 The moneys in the trust fund shall be disbursed only to pay for costs arising from unanticipated occurrences associated with administering self-funded…
- § 240.5 This article shall be liberally construed. If any provision of this article or the application thereof to any person or circumstance is held invalid, the…