Indiana Statutes

§ 20-42-1-8 — Deposit of interest in fund

Indiana § 20-42-1-8
JurisdictionIndiana
Title 20EDUCATION
Art. 42FIDUCIARY FUNDS AND ACCOUNTS
Ch. 1Administration of Common School Fund by County

This text of Indiana § 20-42-1-8 (Deposit of interest in fund) 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 § 20-42-1-8 (2026).

Text

The payment of annual interest must be full and complete every year. The payment must appear in the county auditor's report to the secretary of education. The secretary of education shall, at any time when the secretary of education discovers from the report, or otherwise, that there is a deficit in the amount collected, for want of prompt collection or otherwise, direct the attention of the board of county commissioners and the county auditor to the fact. The board of commissioners shall provide for the deficit in their respective counties. [Pre-2006 Recodification Citation: 21-1-1-2 part.]

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Legislative History

As added by P.L.2-2006, SEC.165. Amended by P.L.43-2021, SEC.127.

Nearby Sections

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Bluebook (online)
Indiana § 20-42-1-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-42-1-8.