Indiana Statutes

§ 20-42-1-7 — County liability for fund

Indiana·Title 20 EDUCATION·Art. 42 FIDUCIARY FUNDS AND ACCOUNTS·Ch. 1 Administration of Common School Fund by County

A county shall be held liable for the:

(1)preservation of the part of the fund as is entrusted or has been entrusted to the county; and
(2)payment of the annual interest on the fund at the rate established by law. [Pre-2006 Recodification Citation: 21-1-1-2 part.]

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Legislative History

As added by P.L.2-2006, SEC.165.

Nearby Sections

15
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