Indiana Statutes

§ 14-25.5-3-3 — Limited reversion to the state general fund; investment

Indiana § 14-25.5-3-3
JurisdictionIndiana
Art. 25.5ENFORCEMENT ACTIONS BY THE DIVISION
Ch. 3Water Environmental Fund

This text of Indiana § 14-25.5-3-3 (Limited reversion to the state general fund; investment) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 14-25.5-3-3 (2026).

Text

(a)Except as provided in subsection (d), money in the fund does not revert to the state general fund at the end of a fiscal year.
(b)The total amount in the fund may not exceed one million dollars ($1,000,000). Any money in the fund that exceeds one million dollars ($1,000,000) reverts to the land and water resources fund established by IC 14-25-10-2.
(c)The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from these investments shall be deposited in the fund.
(d)If the fund is abolished, all money in the fund reverts to the state general fund.

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Legislative History

As added by P.L.145-2002, SEC.3.

Nearby Sections

15
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Bluebook (online)
Indiana § 14-25.5-3-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/14-25.5-3-3.