Sec. 0.3. An investment in public funds (as defined in IC 5-13-4-20): (1) made or entered into before March 21, 1996; and (2) that: (A) would have been in compliance with this chapter, as amended by P.L.18-1996, if this chapter, as amended by P.L.18-1996, had been in effect at the time the investment was made […]
Sec. 0.4. An investment of public funds (as defined in IC 5-13-4-20, as in effect before February 27, 1996): (1) made under a repurchase or resale agreement, including a standing repurchase or resale agreement, that was entered into before February 27, 1996; and (2) that: (A) would have been in compliance with section 3 of […]
Sec. 1. (a) Except as provided in subsection (b), in addition to any other statutory power to make investments, each county treasurer and each fiscal officer of any political subdivision other than a county, under the guidelines established, respectively, by the board of county commissioners of each county and the fiscal body of any other […]
Sec. 10. (a) The investing officers of two (2) or more political subdivisions located within a county may establish a joint investment fund by entering into a written master agreement that defines the rights and obligations of the participating political subdivisions. (b) An investing officer of a political subdivision that enters into a written master […]
Sec. 11. (a) The following definitions apply throughout this section: (1) “Clearinghouse” refers to the clearinghouse registered with the department of state revenue under IC 6-8.1-9.5-3.5. (2) “Investment pool” means the local government investment pool established by subsection (b). (b) The local government investment pool is established within the office and custody of the treasurer […]
Sec. 2. (a) Each officer designated in section 1 of this chapter may invest or reinvest any funds that are held by the officer and available for investment in any of the following: (1) Securities backed by the full faith and credit of the United States Treasury or fully guaranteed by the United States and […]
As added by P.L.134-1999, SEC.2. Repealed by P.L.220-2003, SEC.6.
Sec. 2.5. (a) An officer designated in section 1 of this chapter may invest or reinvest funds that are held by the officer and available for investment in investments commonly known as money market mutual funds that are in the form of securities of or interests in an open-end, no-load, management-type investment company or investment […]
Sec. 3. (a) As used in this section, “repurchase agreement” means an agreement: (1) involving the purchase and guaranteed resale of securities between two (2) parties; and (2) that may be entered into for a fixed term or arranged on an open or a continuing basis as a continuing contract that: (A) operates like a […]
Sec. 3.3. Each officer designated in section 1 of this chapter may invest or reinvest any funds that are held by the officer and available for investment in obligations issued, assumed, or guaranteed by the International Bank for Reconstruction and Redevelopment or the African Development Bank. As added by P.L.18-1996, SEC.14.
Sec. 3.5. (a) The fiscal officer of a political subdivision or county treasurer that is located in a county containing a consolidated city may invest or reinvest any funds that are held by the fiscal officer or the county treasurer and that are available for investment in participations in loans. However, funds may be invested […]
Sec. 4. (a) Each officer designated in section 1 of this chapter may, subject to the restrictions provided in IC 5-13-8-9(a) through IC 5-13-8-9(e), deposit, invest, or reinvest any funds that are held by the officer and available for investment in transaction accounts issued or offered by a designated depository of a political subdivision for […]
Sec. 5. (a) The board of county commissioners of each county, and the fiscal body of each political subdivision other than a county, may, subject to the restrictions provided in IC 5-13-8-9(a) through IC 5-13-8-9(e), by ordinance or resolution authorize the investing officer of each, respectively, to invest in certificates of deposit of depositories that […]
Sec. 5.3. (a) For purposes of this section, “deposit account” does not include a deposit account described in IC 5-13-4-7(5). (b) In addition to the authority to invest in certificates of deposit under section 5 of this chapter and in transaction accounts under section 4 of this chapter, and notwithstanding any other law, the board […]
Sec. 5.6. Except for investments allowed under section 2(f) or 2(g) of this chapter, investments made under this chapter must have a stated final maturity of not more than: (1) five (5) years after the date of purchase or entry into a repurchase agreement for a conservancy district located in a city having a population […]
Sec. 5.7. (a) The fiscal body of a political subdivision may adopt an investment policy authorizing the investment of public funds of the political subdivision for more than two (2) years and not more than five (5) years. The policy must: (1) be in writing; (2) be adopted at a public meeting; (3) provide for […]
Sec. 6. (a) All interest derived from an investment by a political subdivision or by any other local public officer under the authority granted by section 3 of this chapter shall be deposited, except as otherwise provided by law, in the general fund of the investment authority or in any other fund its governing body […]
As added by P.L.19-1987, SEC.11. Repealed by P.L.18-1996, SEC.33.
Sec. 8. Any investing officer of a political subdivision that makes a deposit in any deposit or other account may be required to pay a service charge to the depository in which the funds are deposited, if the depository requires all customers to pay the charge for providing that service. However, the service charge imposed […]
Sec. 8.5. Funds deposited in deposit accounts in accordance with this chapter and interest earned or accrued on the funds are public funds and are covered by the insurance fund. As added by P.L.18-1996, SEC.21.
