Indiana Statutes

§ 20-20-45.5-9 — Fund; nonreverting

Indiana § 20-20-45.5-9
JurisdictionIndiana
Title 20EDUCATION
Art. 20PROGRAMS ADMINISTERED BY THE STATE
Ch. 45.5Robotics Competition Program

This text of Indiana § 20-20-45.5-9 (Fund; nonreverting) 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 § 20-20-45.5-9 (2026).

Text

(a)The fund consists of the following:
(1)Appropriations from the general assembly.
(2)Gifts to the fund.
(3)Grants, including grants from private entities.
(4)Other state funds that are transferred to the fund.
(b)The expenses of administering the fund shall be paid from money in the fund.
(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 into the fund.
(d)Money in the fund at the end of a state fiscal year does not revert to the state general fund.

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Legislative History

As added by P.L.231-2023, SEC.1.

Nearby Sections

15
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Bluebook (online)
Indiana § 20-20-45.5-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-20-45.5-9.