16C.11 COOPERATIVE PURCHASING VENTURE; PURCHASING REVOLVING
FUND.
The commissioner may enter into joint or cooperative purchasing agreements with any entity
that is authorized under section
16C.03, subdivision 10. The cooperative purchasing venture
revolving fund is a separate account in the state treasury. The commissioner may charge a fee
to cover the commissioner's administrative expenses to entities that have joint or cooperative
purchasing agreements with the state under section
16C.03, subdivision 10. The fees collected
must be deposited in the revolving fund established by this section. Money in the fund is
appropriated to the commissioner to administer the programs and services covered by this chapter.
History: 1998 c 386 art 1 s 12; 2007 c 83 s 2