Commit state funds definition

Commit state funds means to enter into a contract, make a grant or otherwise commit any state funds, including but not limited to any act that would incur a financial obligation against the State Government subject to review under section 1541, subsection 2.[PL 2019, c. 468, §1 (NEW).]

Related to Commit state funds

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Escrow Accounts means any escrow account in which Escrowed Proceeds are deposited and held.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Project Fund means the Fund so designated and established by Article V hereof.

  • Member Account means the regular account and the variable account.

  • Public funds means money belonging to the government.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.