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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) There is established as a special fund the Combat Sports Commission Fund (“Fund”), to be administered by the Commission in accordance with subsection (c) of this section.
(b) There shall be deposited into the Fund:
(1) All receipts collected by the Commission pursuant to § 3-607(b), (c), and (d); and
(2) Any fines collected pursuant to § 3-608(c) or (d).
(c) Money in the Fund shall be used to carry out the powers of the Commission set forth in § 3-606.
(d) Any money remaining available in the Fund at the end of a fiscal year, as determined by the Chief Financial Officer in the fiscal year-end close, shall be transferred to the unassigned fund balance of the General Fund of the District of Columbia as part of the fiscal year-end close.
Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 3-607. Combat Sports Commission Fund. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-3-607-01/
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 before relying on it for your legal needs.
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