Indiana Statutes
§ 5-1.5-6-3 — Money or investments in fund or account established for specific purpose; application
Indiana § 5-1.5-6-3
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1.5INDIANA BOND BANK
Ch. 6Other Funds and Accounts
This text of Indiana § 5-1.5-6-3 (Money or investments in fund or account established for specific purpose; application) 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 § 5-1.5-6-3 (2026).
Text
Unless the resolution or trust agreement
authorizing the bonds or notes provides otherwise, money or
investments in a fund or account of the bank established or held for the
payment of bonds or notes shall be applied to the payment or retirement
of the bonds or notes, and to no other purpose.
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Legislative History
As added by P.L.25-1984, SEC.1.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-1.5-6-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1.5-6-3.