Current through October 31, 2024
Section 102-37.280 - How may a SASP use service charge funds?Funds accumulated from service charges may be deposited, invested, or used in accordance with State law to:
(a) Cover direct and reasonable indirect costs of operating the SASP;(b) Purchase necessary equipment for the SASP;(c) Maintain a reasonable working capital reserve;(d) Rehabilitate surplus property, including the purchase of replacement parts;(e) Acquire or improve office or distribution center facilities; or(f) Pay for the costs of internal and external audits.