Indiana Statutes

§ 15-18-5-28 — Assessment fund; uses

Indiana § 15-18-5-28
JurisdictionIndiana
Art. 18DAIRY PRODUCTS
Ch. 5Indiana Dairy Industry Development

This text of Indiana § 15-18-5-28 (Assessment fund; uses) 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 § 15-18-5-28 (2026).

Text

(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
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Bluebook (online)
Indiana § 15-18-5-28, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/15-18-5-28.