Indiana § 5-13-9-0.3 Legalization of investment in certain public funds

Indiana Statutes

§ 5-13-9-0.3 — Legalization of investment in certain public funds

Indiana § 5-13-9-0.3

Title 5STATE AND LOCAL ADMINISTRATION

Art. 13INVESTMENT OF PUBLIC FUNDS

Ch. 9Deposit and Investment Powers

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Bluebook

Ind. Code § 5-13-9-0.3 (2026).

Text

3. An investment in public funds (as defined in IC 5-13-4-20):

(1)made or entered into before March 21, 1996; and

(2)that:

(A)would have been in compliance with this chapter, as amended by P.L.18-1996, if this chapter, as amended by P.L.18-1996, had been in effect at the time the investment was made or agreement entered into;

(B)is no longer in effect on March 21, 1996; or

(C)is brought into compliance with this chapter, as amended by P.L.18-1996, not later than June 19, 1996; is legalized and validated.

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3. An investment in public funds (as defined
in IC 5-13-4-20):
(1) made or entered into before March 21, 1996; and
(2) that:
(A) would have been in compliance with this chapter, as
amended by P.L.18-1996, if this chapter, as amended by
P.L.18-1996, had been in effect at the time the investment was
made or agreement entered into;
(B) is no longer in effect on March 21, 1996; or
(C) is brought into compliance with this chapter, as amended by
P.L.18-1996, not later than June 19, 1996;
is legalized and validated.