Indiana Statutes
§ 36-9-27-113 — Investment of funds; consolidation; credit of interest earned
(a)For the purpose of investment, the
county treasurer may consolidate part or all of the money in any fund
established under this chapter with the money in any other fund
established under this chapter or other money held by the county
treasurer.
(b)Unless the invested money is from a maintenance fund
established under section 44 of this chapter, the county treasurer shall
credit interest from an investment of a fund created under this chapter
to that fund.
(c)The county treasurer may credit interest earned from an
investment of a maintenance fund established under section 44 of this
chapter into the general drainage improvement fund established under
section 73 of this chapter.
(d)Within an account, the county treasurer may credit interest to
particular drainage accounts in any fair
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Indiana § 36-9-27-113 (Investment of funds; consolidation; credit of interest earned) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.206-1984, SEC.13.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
Repealed