SEC. 57-4-15. Proceeds of state contributions to be used only for matching federal funds.
The proceeds of all state contributions as a loan or grant shall be used only for matching federal funds as provided under the provisions of this chapter. The federal funds may also be matched by the provision of in-kind services, equipment, personnel, supplies or other in-kind matching.
SOURCES: Laws, 1977, ch. 492, Sec. 1(8), eff from and after passage (approved April 15, 1977).