Indiana § 36-1-20-3 Deposit of fees in dedicated fund; budgeting of money in fund;
nonreversion

Indiana Statutes

§ 36-1-20-3 — Deposit of fees in dedicated fund; budgeting of money in fund; nonreversion

Indiana·Title 36 LOCAL GOVERNMENT·Art. 1 GENERAL PROVISIONS·Ch. 20 Regulation of Residential Leases

Any fee assessed and collected by a political
subdivision pertaining exclusively to a rental unit or rental unit
community must be maintained in a special fund dedicated solely to
reimbursing the costs actually incurred by the political subdivision
relating to the imposition and amount of the fee. Each fund shall be
maintained as a separate line item in the political subdivision’s budget.
Money in the fund may not at any time revert to the general fund or any
other fund of the political subdivision.

Free access — add to your briefcase to read the full text and ask questions with AI

Any fee assessed and collected by a political
subdivision pertaining exclusively to a rental unit or rental unit
community must be maintained in a special fund dedicated solely to
reimbursing the costs actually incurred by the political subdivision
relating to the imposition and amount of the fee. Each fund shall be
maintained as a separate line item in the political subdivision’s budget.
Money in the fund may not at any time revert to the general fund or any
other fund of the political subdivision.

Indiana § 36-1-20-3 (Deposit of fees in dedicated fund; budgeting of money in fund; nonreversion) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.