state funds

state funds
Public funds belonging to the state. 42 Am J1st Pub F § 2. Moneys of which the state has taken possession pursuant to law, even though such moneys may be held by the state for special purposes. Lawrence v American Surety Co. 263 Mich 586, 249 NW 3, 88 ALR 535. See public funds.

Ballentine's law dictionary. . 1998.

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