Indiana § 5-1.4-9-5 Authority to receive appropriations or grants from federal government;
disposition

Indiana Statutes

§ 5-1.4-9-5 — Authority to receive appropriations or grants from federal government; disposition

Indiana § 5-1.4-9-5

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.4LOCAL PUBLIC IMPROVEMENT BOND BANKS

Ch. 9Miscellaneous Provisions

This text of Indiana § 5-1.4-9-5 (Authority to receive appropriations or grants from federal government; disposition) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 5-1.4-9-5 (2026).

Text

The chairman of the board of the bank is
authorized to receive from the United States or any department or
agency thereof any amount of money as and when appropriated,
allocated, granted, turned over, or in any way provided for the purposes
of the bank or this article. Those amounts shall, unless otherwise
directed by the federal authority, be credited to and deposited in the
general fund and be available to the bank.

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The chairman of the board of the bank is
authorized to receive from the United States or any department or
agency thereof any amount of money as and when appropriated,
allocated, granted, turned over, or in any way provided for the purposes
of the bank or this article. Those amounts shall, unless otherwise
directed by the federal authority, be credited to and deposited in the
general fund and be available to the bank.