Indiana Statutes

§ 20-40-10-3 — Investments

Indiana § 20-40-10-3
JurisdictionIndiana
Title 20EDUCATION
Art. 40GOVERNMENT FUNDS AND ACCOUNTS
Ch. 10Levy Excess Fund

This text of Indiana § 20-40-10-3 (Investments) 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 § 20-40-10-3 (2026).

Text

The chief fiscal officer of a school corporation may invest money in the school corporation's fund in the same manner in which money in the school corporation's education fund or operations fund may be invested. However, any income derived from investment of the money shall be deposited in and becomes a part of the fund. [Pre-2006 Recodification Citation: 6-1.1-19-1.7(c).]

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Legislative History

As added by P.L.2-2006, SEC.163. Amended by P.L.238-2019, SEC.11.

Nearby Sections

15
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Bluebook (online)
Indiana § 20-40-10-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-40-10-3.