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This entry was published on 2014-09-22
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Lake George park trust fund
State Finance (STF) CHAPTER 56, ARTICLE 6
§ 97-h. Lake George park trust fund. 1. There is hereby established in
the joint custody of the state comptroller and the commissioner of
taxation and finance a fund to be known as the Lake George park trust

2. Such fund shall consist of all moneys appropriated for the purpose
of such fund and all moneys transferred to such fund pursuant to law
including section 43-0125 of the environmental conservation law and
section two thousand two hundred thirty-one of the vehicle and traffic
law. Any interest earned by the investment of moneys in such fund shall
be added to such fund, become a part of such fund, and be used for the
purpose of such fund.

3. Moneys of such fund shall be available for appropriation and
allocation only to the Lake George park commission for the purposes of
carrying out the provisions of article forty-three of the environmental
conservation law and for the acquisition by the commission of integral
environmental areas and open space resources within the Lake George park
or for grants to municipalities or nonprofit land trusts within such
park for the purposes of such acquisition.

4. The moneys of the fund shall be paid out on the audit and warrant
of the comptroller on vouchers certified or approved by the chairman of
the Lake George park commission or his duly designated representative.

5. Notwithstanding the provisions of any general or special law, no
moneys shall be available from the fund until a certificate of
allocation and a schedule of amounts to be available therefor shall have
been issued by the director of the budget, and a copy of such
certificate filed with the comptroller. Such certificate may be amended
from time to time by the director of the budget and a copy of each such
amendment shall be filed with the comptroller.