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20.1119 Borrowing authority.

Cite as [A.S.C.A. § 20.1119]

The Executive Secretary of the Environmental Quality Commission as Trustee of the Cleanup Fund established under section 20.1117, is hereby authorized to borrow, and the Treasurer of American Samoa is authorized to advance, such sums as may be necessary to keep the operating balance of the Fund at least equal to the initial capitalization level of $10,000. Advances made pursuant to this section shall not exceed $50,000 per fiscal year and must be repaid to the general fund of the Treasury whenever the Trustee determines that moneys are available for such repayment.

History: 1989, PL 21-27.