5-13-5-0.3. p.l.19-1987 Restatement of Law Affecting Public Deposit Insurance Fund and the Board for Depositories

Sec. 0.3. (a) P.L.19-1987 is intended to restate the law affecting the public deposit insurance fund and the board for depositories. The substantive operation of the public deposit insurance fund and the board for depositories, established under IC 5-12-1-19.1 (before its repeal) continues uninterrupted under IC 5-13-12, as added by P.L.19-1987. (b) P.L.19-1987 does not […]

5-13-5-1. Cashbook; Duties of Public Officers; Public Inspection

Sec. 1. (a) Every public officer who receives or distributes public funds shall: (1) keep a cashbook into which the public officer shall enter daily, by item, all receipts of public funds; and (2) balance the cashbook daily to show funds on hand at the close of each day. (b) The cashbook is a public […]

5-13-5-2. Application of Section to Public Funds Other Than State Funds; Warrants for Payment of Public Funds; Copy of Warrant; Disposition of Warrant

Sec. 2. (a) This section applies to public funds other than state funds. In all political subdivisions where the fiscal officer and investing officer are two (2) separate individuals by law, all warrants for the payment of public funds shall be drawn by the proper public officer upon the proper treasurer. In all political subdivisions […]

5-13-5-3. Drawing Warrant

Sec. 3. All warrants for the payment of public funds of the state shall be drawn by the auditor of state on the treasurer of state. As added by P.L.19-1987, SEC.7.

5-13-5-4. Signature of Authorized Public Officers on Check or Negotiable Order of Withdrawal; Purposes

Sec. 4. (a) All checks or negotiable orders of withdrawal drawn upon depositories shall be signed by public officers authorized to sign the check or negotiable order of withdrawal in the officer’s official capacity. All funds paid out of the state treasury must be by check or negotiable order of withdrawal of the state treasurer […]

5-13-5-5. Transacting Business With Financial Institution or Public Retirement Fund Through Use of Electronic Funds Transfer; Ordinance or Resolution

Sec. 5. (a) The fiscal body of any political subdivision may by ordinance or resolution authorize the proper legal officers of the political subdivision to transact the political subdivision’s business with a financial institution or a public pension or retirement fund administered by the Indiana public retirement system through the use of electronic funds transfer. […]

5-13-5-6. Financial Institution Continuation Qualification as Depository

Sec. 6. (a) A financial institution that is a depository for the state on March 21, 1996, and any successor financial institution, continues to be a depository for the state after March 21, 1996, without reapplying under IC 5-13-10.5, until the earliest of the following occurs: (1) The board of depositories revokes the status of […]