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

  • It is understood and agreed that funds received by 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.

  • 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.