§ 5-13-8-6 — Forms; filing copy of institution's statement of condition

Indiana § 5-13-8-6

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 13: INVESTMENT OF PUBLIC FUNDS
• Ch. 8: Designation of Depositories

Text

(a) The state board of accounts shall prepare and
consolidate the forms that are required under this chapter or IC 5-13-9.5, or both, to eliminate unnecessary paperwork.
(b) These forms must be used by the state board of finance and the
several local boards of finance and depositories in the performance of
the duties imposed under this chapter. The rights of political
subdivisions and designated depositories must be subject to
modification by any statute and by all rules adopted by the department
of financial institutions respecting withdrawal of funds in times of
emergency.
(c) A financial institution designated as a depository under this
chapter shall, upon request of the appropriate investing officer, file
with the investing officer a copy of the institution's most recent
statement of condition filed with the institution's governmental
supervisory body under the regulatory accounting principles as
prescribed by the supervisory body.

Legislative History

As added by P.L.19-1987, SEC.10. Amended by P.L.18-1996, SEC.8; P.L.46-1997, SEC.6.