Indiana Statutes

§ 20-42-2-15 — Receipts for payment of principal or interest on loan

Indiana·Title 20 EDUCATION·Art. 42 FIDUCIARY FUNDS AND ACCOUNTS·Ch. 2 County Administration of Congressional Township

All payments of principal or interest must be paid to the county treasurer. The:

(1)treasurer shall file a receipt with the county auditor; and
(2)auditor shall give the payor a receipt and record the payment. The county auditor may accept payment of principal or interest if the county auditor can immediately transmit and pay the payment to the county treasurer. [Pre-2006 Recodification Citation: 21-1-7-13 part.]

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Legislative History

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

Nearby Sections

15
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