When it has adopted plans and specifications for such work exclusive of maintenance,
the board may set apart therefor from the road fund of the county, and from the funds
of any district of which the division is a part, such sums as the board considers
The board shall not set apart from the funds of any such district less than 75 percent
of the sum which bears the same ratio to the whole fund of the particular district
as the assessed valuation of that part of the division lying in the district bears
to the whole assessed valuation of the district. The board may set apart more than this percentage. The board shall cause these sums to be set apart in a fund known as the “permanent
road fund of __________ division,” specifying the division by name.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.