Indiana Statutes

§ 5-13-11-3 — Service charge for management of system; payment by direct charge or from interest earned

Indiana § 5-13-11-3
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 13INVESTMENT OF PUBLIC FUNDS
Ch. 11Investment Cash Management System

This text of Indiana § 5-13-11-3 (Service charge for management of system; payment by direct charge or from interest earned) 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 § 5-13-11-3 (2026).

Text

The contract may provide for the depository to assess a service charge for its management of the investment cash management system. The service charge may be paid:

(1)by direct charge to the deposit or other account; or
(2)in a manner that subtracts the service charge from interest earned on the funds in the deposit or other account.

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Legislative History

As added by P.L.19-1987, SEC.13. Amended by P.L.66-1989, SEC.2; P.L.147-2011, SEC.3; P.L.202-2011, SEC.3.

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Bluebook (online)
Indiana § 5-13-11-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-13-11-3.