Indiana § 14-31-2-15 Instructions for trustee

Indiana Statutes

§ 14-31-2-15 — Instructions for trustee

Indiana·Art. 31 NATURE PRESERVES·Ch. 2 Indiana Natural Heritage Protection Campaign

The division shall prepare, on a quarterly basis, instructions for the trustee of trust I and trust II regarding distribution of income. In preparing these instructions, the division shall consider the following:

(1)What entities have primary management responsibility for sites acquired as part of the campaign.

(2)The amount of campaign acquisition acreage for which each entity has primary management responsibility.

(3)Special management needs of particular campaign sites.

(4)Any special agreement between the department and a primary management entity in which the entity waives the right to be considered for a share of the income from trust I and trust II. [Pre-1995 Recodification Citation: 14-4-5.1-8.]

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The division shall prepare, on a quarterly
basis, instructions for the trustee of trust I and trust II regarding
distribution of income. In preparing these instructions, the division
shall consider the following:
(1) What entities have primary management responsibility for
sites acquired as part of the campaign.
(2) The amount of campaign acquisition acreage for which each
entity has primary management responsibility.
(3) Special management needs of particular campaign sites.
(4) Any special agreement between the department and a primary
management entity in which the entity waives the right to be
considered for a share of the income from trust I and trust II.
[Pre-1995 Recodification Citation: 14-4-5.1-8.]

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