(1) As used in this part, "fund" means the Transportation Network Vehicle Recovery Fund created in Subsection (2).
(2) There is created an expendable special revenue fund called the "Transportation Network Vehicle Recovery Fund."
(3) The fund consists of: (a) money deposited in the fund before July 1, 2018; and (b) interest earned on the money in the fund.
(a) money deposited in the fund before July 1, 2018; and
(b) interest earned on the money in the fund.
(4) The division may allocate resources necessary to administer the fund.
(5) The division shall use money from the fund to cover the division's cost to administer this part.
(6) The fund is not insurance as defined in Section 31A-1-301.
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