Section 846-D. Payments to companies for the performance of company activities

1. Each contract entered into with a company  shall  provide
  for  payment  to such company for approved activities to be performed by
  it.
    2. Payment to companies pursuant to this article shall  be  restricted
  to sums required for the payment of salaries and wages of employees, and
  for  the  purchase  of necessary equipment for the execution of approved
  activities. Nothing contained herein shall be interpreted  to  authorize
  expenditures  leading  to  the  possession,  utilization,  carrying,  or
  dissemination of firearms or other deadly weapons, regardless of whether
  the appropriate license has been issued for same.  Qualifying  equipment
  expenditures  may  include, but shall not be limited to, locks and audio
  warning devices for use by financially  needy,  victim-prone  residents,
  patrol  vehicles  (for  the exclusive use of volunteers), radios, signs,
  gasoline, support services  for  crime  victims,  publicity  and  office
  supplies.  Authorized  expenditures may not include salaries of, or fees
  for, the hiring of private guards or charges for  or  expenses  incurred
  for the use of vehicles for private guards.
    3.  Payments  shall  be  made  by  the division to a company, not less
  frequently than quarter-annually to  compensate  such  company  for  the
  company activities which it shall undertake to perform.
    4. No company receiving payments from any other funds of the state for
  activities  performed  by  it  under  the  contract  shall receive or be
  eligible to receive payments pursuant to this  article.  To  the  extent
  other state funds are received in violation of this subdivision payments
  otherwise due under this article shall be accordingly reduced.