Indiana Statutes
§ 14-31-2-11 — Transfer of money to stewardship trusts
Indiana § 14-31-2-11
This text of Indiana § 14-31-2-11 (Transfer of money to stewardship trusts) 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 § 14-31-2-11 (2026).
Text
(a)To ensure the proper management of
natural areas acquired in the campaign, concurrent with the acquisition
of each campaign site:
(1)an amount equal to twenty percent (20%) of the appraised
value of the acquisition shall be transferred from the fund to an
account designated the Indiana natural heritage stewardship trust
I; and
(2)an amount equal to five percent (5%) of the appraised value
of the acquisition shall be transferred from the fund to an account
designated the Indiana natural heritage stewardship trust II.
(b)The amounts to be transferred from the fund to trust I and trust
II must be fully and exclusively derived from the following:
(1)Private contributions to the fund.
(2)Interest earned on private contributions to the fund.
(c)Trust I and trust II shall be maintained
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Legislative History
As added by P.L.1-1995, SEC.24.
Nearby Sections
15
§ 14-10-1-1
Establishment and members of commission§ 14-10-1-2
Filling of vacancies of ex officio members§ 14-10-1-3
Citizen members§ 14-10-1-4
Per diem compensation and traveling expenses§ 14-10-1-5
Officers§ 14-10-1-6
Quorum§ 14-10-1-7
Meetings§ 14-10-2-1
Powers of commission§ 14-10-2-2
Repealed§ 14-10-2-2.5
Consolidated proceedings§ 14-10-2-3
Repealed§ 14-10-2-4
Adoption of rules§ 14-10-2-5
Rules§ 14-10-2-6
Notices of violationCite This Page — Counsel Stack
Bluebook (online)
Indiana § 14-31-2-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/14-31-2-11.