4-37-7-1. Fund Established
Sec. 1. The state museum and historic sites development fund is established. The corporation or an entity designated by the board shall administer the fund. As added by P.L.167-2011, SEC.1.
4-37-7-2. Investments
Sec. 2. The corporation may invest the money in the fund not currently needed to meet the obligations of the fund in a manner consistent with IC 5-13-10. Interest earned on the investments shall be deposited in the corporation’s funds. As added by P.L.167-2011, SEC.1.
4-37-7-3. Expenses
Sec. 3. The expenses of administering the fund shall be paid from the fund. As added by P.L.167-2011, SEC.1.
4-37-7-4. Purposes
Sec. 4. The corporation may spend the money in the fund for any purpose of the corporation that complies with this article, including the acquisition of real property and historical artifacts and specimens, construction of facilities, and betterments and improvements at historic sites. As added by P.L.167-2011, SEC.1.
4-37-7-5. Deposits
Sec. 5. Except as provided in section 8 of this chapter, the following shall be deposited in the fund: (1) Proceeds from admission and user fees. (2) Sales at museum shops. (3) Facility rentals. (4) Restaurant sales. (5) Any other income generated by the state museums. (6) Gifts of money or the proceeds from the […]
4-37-7-6. Income Appropriated
Sec. 6. (a) All earned income accruing to the fund is appropriated continuously for purposes of this article. (b) Money in the fund at the end of a state fiscal year does not revert to the state general fund. As added by P.L.167-2011, SEC.1.
4-37-7-7. Annual Report
Sec. 7. The chief executive officer shall report annually to the board and the budget committee on the activities, revenues, expenditures, and profits of the museums’ shops, facility rentals, and restaurants. As added by P.L.167-2011, SEC.1.
4-37-7-8. Memorandum of Understanding With Organizations at Historic Sites; Terms; Donor Restricted Funds
Sec. 8. (a) The chief executive officer of the corporation may enter into a memorandum of understanding with one (1) or more nonprofit organizations that are recognized supporters of a specific state historic site and are exempt from taxation under Section 501(c)(3) of the Internal Revenue Code. The memorandum of understanding may provide that the […]
4-37-7-9. Memorandum of Understanding With State Agencies
Sec. 9. The chief executive officer of the corporation shall enter into: (1) a memorandum of understanding with the Indiana department of transportation providing for the Indiana department of transportation to maintain historical services provided to the various state historic sites; (2) a memorandum of understanding with the department of correction providing for the department […]