Sec. 3. (a) The spinal cord and brain injury fund is established to fund research on spinal cord and brain injuries. (b) The fund shall be administered by the state department. (c) The fund consists of: (1) appropriations; (2) gifts and bequests; (3) fees deposited in the fund by law; and (4) grants received from the federal government or private sources. (d) The expenses of administering the fund shall be paid from money in the fund. (e) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. (f) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
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