Indiana § 5-13-7-7 Investment report

Indiana Statutes

§ 5-13-7-7 — Investment report

Indiana § 5-13-7-7

Title 5STATE AND LOCAL ADMINISTRATION

Art. 13INVESTMENT OF PUBLIC FUNDS

Ch. 7Local Boards of Finance

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Bluebook

Ind. Code § 5-13-7-7 (2026).

Text

(a)During the annual meeting required by section 6 of this chapter, the investment officer shall make a written report to the investing officer's local board of finance summarizing the political subdivision's investments during the previous calendar year. The report must contain the name of each financial institution, government agency or instrumentality, or other person with whom the political subdivision invested money during the previous calendar year.

(b)The local board of finance shall do the following at the meeting:

(1)Review the report.

(2)Review the overall investment policy of the political subdivision.

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(a) During the annual meeting required by
section 6 of this chapter, the investment officer shall make a written
report to the investing officer's local board of finance summarizing the
political subdivision's investments during the previous calendar year.
The report must contain the name of each financial institution,
government agency or instrumentality, or other person with whom the
political subdivision invested money during the previous calendar year.
(b) The local board of finance shall do the following at the meeting:
(1) Review the report.
(2) Review the overall investment policy of the political
subdivision.