Program trust fund definition

Program trust fund means a trust fund established by the board into which all contributions to the program are deposited.[PL 2015, c. 352, §1 (NEW).]
Program trust fund means a trust fund established by the fire commission into which all contributions to the program are deposited.

Examples of Program trust fund in a sentence

  • All death and disability benefits are self-insured and are paid from the Program trust fund.

  • All federal vending machine income shall be credited to this Business Enterprises Program trust fund.

  • All expenditures authorized by the Randolph-Sheppard Act from federal vending revenue funds shall be paid from the Business Enterprises Program trust fund.

  • It is understood and agreed that funds received by the County, including accrued interest, pursuant to this program shall be deposited into the Property Tax Administration Program trust fund to be used as required by Revenue and Taxation Code Section 95.35.

  • Since the transfers are between trust fund accounts, the only requirement is to transfer budget authority (obligation limitation) between the Federal Aid Program trust fund account and the Federal Transit Formula and Bus Grant Program account.

  • To provide financial assistance to airports for security-related capital investments, such as the installation of explosives detection equipment, proposed aviation37The Airport Improvement Program trust fund is used to fund capital improvements to airports, including some security enhancements, such as terminal modifications to accommodate explosive detection equipment.reauthorization legislation would establish an aviation security capital fund that would authorize $2 billion over the next 4 years.

  • The Polio Buy-Down Program (trust fund) has continued to provide critically important support to eradicating polio in Nigeria.

  • Credited all the monies received for the program to the Kansas Postsecondary Education Savings Program trust fund in accordance with K.S.A. 75-648(a)(2).

  • The development of a sustainable pellet (cook stove fuel) production model is needed, and this will be developed and tested with support from activities financed through the World Bank’s Energy Sector Management Assistance Program trust fund.

  • This Programme Specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve anddemonstrate if he/she takes full advantage of the learning opportunities that are provided.

Related to Program trust fund

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Grantor Trust means a Trust other than a RIC.