Limitation on expenditure of funds

Act 143 of 1992, § 72, under HIGHWAY-RAILROAD AND HIGHWAY BRIDGE CAPITAL BUDGET SUPPLEMENTAL ACT FOR 1991-1992 - ENACTMENT.

Act 143 of 1992, § 72

Section 72. Limitation on expenditure of funds.

Any moneys derived from the incurring of debt shall be used solely for effecting the rehabilitation, replacement or removal of bridges located on State highways. All other bridge rehabilitation, replacement or removal shall be financed and State bridge rehabilitation, replacement or removal may also be financed from current revenue.