Indiana Statutes

§ 4-23-31-12 — Special fund

Indiana·Art. 23 BOARDS AND COMMISSIONS·Ch. 31 Commission on the Social Status of Black Males
(a)The commission on the social status of black males special fund is established to provide money for special projects of the commission.
(b)The fund shall be administered by the treasurer of state.
(c)Expenses of administering the fund shall be paid from money in the fund.
(d)The fund consists of gifts, contributions, and money donated to the commission.
(e)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.
(f)Interest accrues to the fund.
(g)Money in the fund at the end of a state fiscal year does not revert to the state general fund.
(h)Money in the fund is appropriated continuously for the purpose stated in subsection (a).

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Legislative History

As added by P.L.133-2012, SEC.29.

Nearby Sections

15
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