§ 13-21-13-2 — District solid waste management fund

(a) A board that has imposed fees under
section 1 of this chapter shall establish and continuously maintain a
separate fund under this section to be known as the "______________
district solid waste management fund".
(b) All fees remitted to the district under section 1 of this chapter
shall be deposited in the fund.
(c) Money in the fund may be used only for the following purposes:
(1) To pay expenses of administering the fund.
(2) To pay costs associated with the development and
implementation of the district plan.
(d) The controller of the district shall administer a fund established
under this section. Money in the fund that is not currently needed for
the purposes set forth in subsection (c) shall be deposited and invested
in the same manner as other county money is deposited and invested
under IC 5-13. Interest that accrues from these investments shall be
deposited in the fund. Money in the fund at the end of a district's fiscal
year does not revert to:
(1) a county general fund; or
(2) any other fund.
(e) The controller of a district shall:
(1) file an individual surety bond; or
(2) revise an existing bond;
in a sufficient amount determined under IC 5-4-1-18 to reflect the
liability associated with the handling of the district's money.
[Pre-1996 Recodification Citation: 13-9.5-7-2.]

Legislative History

As added by P.L.1-1996, SEC.11. Amended by P.L.214-2005, SEC.59.