§12743. Health Care Training Fund
1. Establishment. The Health Care Training Fund, referred to in this section as the "program fund," is established as a dedicated fund to be directed and administered by the president of the system and held by the Treasurer of State. The Treasurer of State shall keep the program fund segregated from all other funds held by the Treasurer of State and shall invest and reinvest the program fund for the benefit of the Health Workforce Retraining Program.
[PL 2001, c. 439, Pt. HHHH, §1 (NEW).]
2. Sources of money. The following sources of money must be paid into the program fund:
A. All money appropriated for inclusion in the program fund; [PL 2001, c. 439, Pt. HHHH, §1 (NEW).]
B. All interest, dividends or other pecuniary gains from investment of money in the program fund; [PL 2001, c. 439, Pt. HHHH, §1 (NEW).]
C. All money received pursuant to participation agreements; and [PL 2001, c. 439, Pt. HHHH, §1 (NEW).]
D. Any grants, gifts and other money from the State and from any unit of federal, state or local government or from any person, firm, partnership or corporation for deposit to the program fund. [PL 2001, c. 439, Pt. HHHH, §1 (NEW).]
[PL 2001, c. 439, Pt. HHHH, §1 (NEW).]
3. Application of program fund. Money in the program fund must be continuously applied by the president of the system to carry out this section and may not be used for any other purpose.
[PL 2001, c. 439, Pt. HHHH, §1 (NEW).]
SECTION HISTORY
PL 2001, c. 439, §HHHH1 (NEW).
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.