Indiana § 27-10-5-1 Bail bond enforcement and administration fund; creation; deposit and
use of funds

Indiana Statutes

§ 27-10-5-1 — Bail bond enforcement and administration fund; creation; deposit and use of funds

Indiana·Title 27 INSURANCE·Art. 10 INDIANA BAIL LAW·Ch. 5 Enforcement and Administration

(a)The bail bond enforcement and administration fund is created. All fees and penalties collected by the commissioner under this article shall be paid into the fund to be utilized for the enforcement and administration of this article. The fund shall be administered by the commissioner.

(b)Any balance remaining in the fund at the end of a state fiscal year does not revert to the state general fund. 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 funds may be invested.

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(a) The bail bond enforcement and
administration fund is created. All fees and penalties collected by the
commissioner under this article shall be paid into the fund to be
utilized for the enforcement and administration of this article. The fund
shall be administered by the commissioner.
(b) Any balance remaining in the fund at the end of a state fiscal
year does not revert to the state general fund. 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 funds may
be invested.

Indiana § 27-10-5-1 (Bail bond enforcement and administration fund; creation; deposit and use of funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.