Indiana Statutes
§ 15-18-5-28 — Assessment fund; uses
(a)The board shall establish and administer
a fund for assessments received under this chapter. The fund is not a
part of the state treasury.
(b)The board shall invest the money in the fund not currently
needed to meet the obligations of the fund in the same manner as other
public funds may be invested. Interest that accrues from these
investments shall be deposited in the fund.
(c)The board shall use the money in the fund to implement this
chapter.
(d)The board may not use money in the fund to establish a program
of its own but shall fund an active, ongoing, qualified program in
Indiana as stated in 7 U.S.C. 4505 and the regulations adopted under
that law. A qualified program that receives money under this
subsection may use the money to jointly sponsor projects with any
private or pu
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Related
§ 4505
7 U.S.C. § 4505
Legislative History
As added by P.L.2-2008, SEC.9.
Nearby Sections
15
§ 15-10-1-1
"Prior law"§ 15-10-1-2
Purpose of recodification§ 15-10-1-3
Statutory construction of recodification§ 15-10-1-4
Effect of recodification§ 15-10-1-5
Recodification of prior law§ 15-10-1-6
References to repealed statutes§ 15-10-1-7
References to citations§ 15-10-1-8
References to prior rules§ 15-10-1-9
References to prior law§ 15-11-1-1
Application of definitions§ 15-11-1-2
"Department"§ 15-11-1-3
"Director"§ 15-11-1-4
"Division"§ 15-11-1-5
"Secretary"§ 15-11-12-1
"Commission"