(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “Hoxie: The First Stand Memorial Monument Fund”.
(b) The fund shall consist of gifts, grants, and donations from individuals and organizations as provided under the Hoxie: The First Stand Memorial Monument Act, § 22-3-224, and other funds as may be provided by law.
(c) The fund shall be used exclusively for the purpose of erecting and maintaining a suitable monument on the State Capitol grounds in recognition and appreciation of the integration of Hoxie public schools in 1955, as provided in the Hoxie: The First Stand Memorial Monument Act, § 22-3-224.