Indiana Statutes
§ 5-13-10-2 — Deposit accounts; interest rate requirement
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 13 INVESTMENT OF PUBLIC FUNDS·Ch. 10 Funds Invested by the Treasurer of State
Deposit accounts must bear interest at rates of
interest not less than the rates of interest paid from time to time by each
financial institution to all its depositors making comparable
investments.
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Legislative History
As added by P.L.19-1987, SEC.12.
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Repealed§ 5-1-10-1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" defined