All money in the cooperative emergency revenue fund on the effective date of this act are hereby transferred and appropriated to the cooperative welfare fund; and all obligations incurred against the cooperative emergency revenue fund which are outstanding on such date shall be payable from the cooperative welfare fund; and all references to the cooperative emergency revenue fund shall hereafter be construed to apply to the cooperative welfare fund.

[56-407, added 1941, ch. 180, sec. 7, p. 376.]