Indiana Statutes
§ 5-13-7-5 — Boards of finance of other political subdivisions; duties; compensation
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 13 INVESTMENT OF PUBLIC FUNDS·Ch. 7 Local Boards of Finance
(a)The fiscal body of each political subdivision
not governed by sections 1 through 3 of this chapter constitutes a board
of finance for that political subdivision.
(b)Each board of finance has supervision of the revocation of
public depositories for the respective political subdivisions for which
they act.
(c)The members of the boards serve without compensation other
than the members' salaries allowed by law for the members' services as
officers of the members' respective political subdivisions.
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 5-13-7-5 (Boards of finance of other political subdivisions; duties; compensation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.19-1987, SEC.9. Amended by P.L.46-1997,
SEC.4; P.L.10-1997, SEC.8; P.L.68-2001, SEC.3; P.L.115-2010,
SEC.5.
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Repealed§ 5-1-10-1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