US Lawyer Database

15-13-10-6. Investment and Use of Funds

Sec. 6. (a) All money received under this chapter must be held and applied solely as provided in this chapter. Until the time the money is needed for use, the money may be invested or kept in depositories designated by the commission in the manner provided by IC 5-13. (b) The resolution authorizing the issuance […]

15-13-8-3. Tax Levy; Prohibition on Tax Levy After December 31, 2008

Sec. 3. (a) The fund consists of the following: (1) Revenue from the property tax imposed under IC 15-13-9 (repealed) before January 1, 2009. (2) Appropriations made by the general assembly. (3) Interest accruing from investment of money in the fund. (4) Certain proceeds from the operation of the fair. (b) The fund is divided […]

15-13-8-4. Investment; Interest

Sec. 4. (a) 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 funds may be invested. (b) Interest that accrues from investments of the fund shall be deposited in the fund. [Pre-2008 Recodification Citation: 15-1.5-7-4.] As […]

15-13-8-5. Nonreversion of Fund

Sec. 5. Money in the fund at the end of a state fiscal year does not revert to the state general fund. [Pre-2008 Recodification Citation: 15-1.5-7-5.] As added by P.L.2-2008, SEC.4.

15-13-8-6. Fund Uses

Sec. 6. The fund may be used to: (1) pay the expenses, including administrative expenses, of the commission; and (2) make lease payments under IC 15-13-10-11. [Pre-2008 Recodification Citation: 15-1.5-7-6.] As added by P.L.2-2008, SEC.4.

15-13-8-7. Allotment

Sec. 7. The money in the fund is subject to allotment under IC 4-13-2-18. [Pre-2008 Recodification Citation: 15-1.5-7-7.] As added by P.L.2-2008, SEC.4.

15-13-8-8. Deposit of Funds; Audit

Sec. 8. (a) The commission may deposit revenues not set forth in section 3 of this chapter in funds: (1) other than the fund; and (2) created under the commission’s accounting system. (b) Funds created under the commission’s accounting system are subject to audit by the state board of accounts. [Pre-2008 Recodification Citation: 15-1.5-7-8.] As […]

15-13-8-9. Use of Money

Sec. 9. The commission may use money in funds created under section 8 of this chapter for activities of the commission authorized under this article. [Pre-2008 Recodification Citation: 15-1.5-7-9.] As added by P.L.2-2008, SEC.4.