Title 50, Chapter 9, Section 65
( 50-9-65)
All moneys received by the committee shall be set aside as a special
fund to be used by the committee to carry out the purposes of this
article. All other personal property, tangible or intangible, which
is acquired by the committee subsequent to March 26, 1975, shall
become the property of the state upon such acquisition. The
personal property may be sold or exchanged by the committee as agent
for the state, notwithstanding any other provision of law concerning
the sale or exchange of personal property of the state, provided
that nothing contained in this Code section shall be construed to
permit the committee to make a gift of any such personal property. |