§ 4-6-16-6 — Attorney general contingency fee fund; purposes; appropriation

Indiana § 4-6-16-6

• Jurisdiction: Indiana
• Art. 6: ATTORNEY GENERAL
• Ch. 16: Attorney General Contingency Fee Fund

Text

(a) The attorney general contingency fee fund is
established for the purposes of paying litigation costs of the attorney
general's office.
(b) The fund consists of:
(1) money deposited in the fund under section 4 of this chapter;
and
(2) all earnings on investments of the funds.
(c) The attorney general shall administer the fund.
(d) Subject to subsection (e), money in the fund may be used to fund
future litigation and consumer education initiatives.
(e) Money deposited in the fund must be used in accordance with
any settlement requirements imposed for its use as determined by court
order.
(f) The expenses of administering the fund shall be paid from the
money in the fund.
(g) 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 money may be invested.
(h) Money in the fund at the end of a state fiscal year does not revert
to the state general fund.
(i) Money in the fund shall be continuously appropriated and is not
subject to allotment under IC 4-12-1-12(d).

Legislative History

As added by P.L.201-2023, SEC.60. Amended by P.L.123-2024, SEC.2.