(1) There is hereby created in the dedicated fund, the professional studies account. The professional studies account shall be used to receive moneys from private contributions, from gifts and grants, from repayment of loans, and from any other source, in support of medical, dental, veterinary, or other health-related professional programs of study. (2) Interest earned on investments from moneys in the account shall be paid to the account. (3) All moneys in the account are hereby appropriated to the state board of education for the purposes of section 33-3720 , Idaho Code.
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