33-44-7-1. Establishment
Sec. 1. The Indiana attorney trust account fund is established as a trust fund to be used solely as provided under this article. [Pre-2004 Recodification Citation: 33-20-7-1.] As added by P.L.98-2004, SEC.23.
Sec. 1. The Indiana attorney trust account fund is established as a trust fund to be used solely as provided under this article. [Pre-2004 Recodification Citation: 33-20-7-1.] As added by P.L.98-2004, SEC.23.
Sec. 10. An entity that receives funds disbursed under section 9(1) of this chapter during a year is not eligible to receive funds disbursed under section 9(2) of this chapter during that year. [Pre-2004 Recodification Citation: 33-20-7-10.] As added by P.L.98-2004, SEC.23.
Sec. 11. An entity that receives funds disbursed under section 9(2) of this chapter during a year is not eligible to receive funds disbursed under section 9(1) of this chapter during that year. [Pre-2004 Recodification Citation: 33-20-7-11.] As added by P.L.98-2004, SEC.23.
Sec. 12. The board shall periodically: (1) enter into contracts with; and (2) award grants to; qualified legal services providers, law school clinics, and programs or projects in the public interest that assist in the improvement of the administration of justice to carry out the purpose of the fund. [Pre-2004 Recodification Citation: 33-20-7-12.] As added […]
Sec. 13. In making disbursements from the fund under section 9(1) of this chapter, the board shall primarily consider the geographic distribution by county of persons with incomes of not more than the current poverty threshold established by the United States Office of Management and Budget, as indicated in the most current report published by […]
Sec. 14. Total administrative costs, including payments to board members under IC 33-44-4-11 and IC 33-44-4-12, costs for employees under IC 33-44-8, and all other costs of managing and administering the fund and otherwise performing all responsibilities of the board, may not exceed fifteen percent (15%) of the amounts received into the fund from interest […]
Sec. 15. The state board of accounts shall audit the fund to ensure that the fund is administered as required by this chapter. The state board of accounts may conduct audits of qualified legal services providers, law school clinics, and programs or projects in the public interest that assist in the improvement of the administration […]
Sec. 2. The fund shall be administered by the board in accordance with rules adopted under IC 4-22-2 by the board. [Pre-2004 Recodification Citation: 33-20-7-2.] As added by P.L.98-2004, SEC.23.
Sec. 3. The board shall deposit the interest remitted under IC 33-44-6-4 into the fund. [Pre-2004 Recodification Citation: 33-20-7-3.] As added by P.L.98-2004, SEC.23.
Sec. 4. The money in the fund consists of public funds. [Pre-2004 Recodification Citation: 33-20-7-4.] As added by P.L.98-2004, SEC.23.
Sec. 5. 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. Interest that accrues from these investments shall be deposited in the fund. [Pre-2004 Recodification Citation: 33-20-7-5.] As added by P.L.98-2004, SEC.23.
Sec. 6. Money in the fund at the end of a state fiscal year does not revert to the state general fund. [Pre-2004 Recodification Citation: 33-20-7-6.] As added by P.L.98-2004, SEC.23.
Sec. 7. For purposes of Indiana law, income received by the board from the remittance of interest is not taxable to: (1) the attorney maintaining the interest bearing attorney trust account; or (2) the client whose funds are deposited in the interest bearing attorney trust account. [Pre-2004 Recodification Citation: 33-20-7-7.] As added by P.L.98-2004, SEC.23.
Sec. 8. The board may not disburse money in the fund except for: (1) the delivery of civil legal assistance to eligible clients; (2) programs or projects in the public interest that assist in the improvement of the administration of justice; and (3) administrative costs. [Pre-2004 Recodification Citation: 33-20-7-8.] As added by P.L.98-2004, SEC.23.
Sec. 9. During each year the board shall disburse money from the fund for the payment of administrative costs to the extent permitted under section 14 of this chapter. After the payment of administrative costs, any money disbursed by the board from the fund during that year shall be disbursed as follows: (1) Ninety percent […]