Sec. 1. (a) A political subdivision may deposit public funds in a financial institution only if the financial institution: (1) is a depository eligible to receive state funds; and (2) has a principal office or branch that qualifies under section 9 of this chapter to receive public funds of the political subdivision. (b) The state […]
As added by P.L.19-1987, SEC.10. Amended by P.L.50-1988, SEC.2; P.L.44-1990, SEC.5. Repealed by P.L.18-1996, SEC.33.
As added by P.L.19-1987, SEC.10. Repealed by P.L.18-1996, SEC.33.
As added by P.L.19-1987, SEC.10. Repealed by P.L.44-1990, SEC.8.
Sec. 13. Any depository designated under this chapter may resign as a depository and relinquish all public funds on deposit with the depository. The resignation is effective after thirty (30) days notice in writing to the state board of finance and after settlement with the proper board of finance for all public funds on deposit […]
Sec. 14. A financial institution may not be designated as a depository under this chapter if the financial institution would be disqualified from being awarded a contract under IC 5-22-16.5. As added by P.L.21-2012, SEC.2.
As added by P.L.19-1987, SEC.10. Amended by P.L.57-1993, SEC.3. Repealed by P.L.18-1996, SEC.33.
As added by P.L.19-1987, SEC.10. Repealed by P.L.18-1996, SEC.33.
As added by P.L.19-1987, SEC.10. Repealed by P.L.18-1996, SEC.33.
As added by P.L.19-1987, SEC.10. Amended by P.L.29-1994, SEC.2. Repealed by P.L.18-1996, SEC.33.
Sec. 6. (a) The state board of accounts shall prepare and consolidate the forms that are required under this chapter or IC 5-13-9.5, or both, to eliminate unnecessary paperwork. (b) These forms must be used by the state board of finance and the several local boards of finance and depositories in the performance of the […]
Sec. 7. (a) As used in this section, “Indiana resident” means any of the following: (1) An individual who is a resident of Indiana. (2) A political subdivision (as defined in IC 36-1-2-13) in Indiana. (3) A corporation, a limited liability company, a partnership, a limited partnership, a trust, an estate, or other legal entity […]
As added by P.L.19-1987, SEC.10. Amended by P.L.57-1993, SEC.4. Repealed by P.L.46-1997, SEC.18.
Sec. 9. (a) All public funds of all political subdivisions shall be deposited in the designated depositories located in the respective territorial limits of the political subdivisions, except as provided in this section. (b) Each board of finance of a political subdivision: (1) that is not a city, town, or school corporation; and (2) whose […]
