Indiana Statutes
§ 5-13-9-1 — Investment powers; funds that may be invested
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 13 INVESTMENT OF PUBLIC FUNDS·Ch. 9 Deposit and Investment Powers
(a)Except as provided in subsection (b), in
addition to any other statutory power to make investments, each county
treasurer and each fiscal officer of any political subdivision other than
a county, under the guidelines established, respectively, by the board
of county commissioners of each county and the fiscal body of any
other subdivision, and any other officer of a local government entity
authorized by statute or court order to make investments, may invest
any funds held by each in accordance with this chapter.
(b)The treasurer of state may invest funds under sections 2(a)(3)
and 2.5 of this chapter.
(c)The funds that may be invested under this chapter include money
raised by bonds issued for a future specific purpose, sinking funds,
depreciation reserve funds, gift, bequest or endo
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Related
State Board of Accounts v. Indiana University Foundation
647 N.E.2d 342 (Indiana Court of Appeals, 1995)
Kentner v. TIMOTHY R. DOWNEY INS. INC.
430 F. Supp. 2d 844 (S.D. Indiana, 2006)
Legislative History
As added by P.L.19-1987, SEC.11. Amended by P.L.18-1996,
SEC.11; P.L.134-1999, SEC.1; P.L.220-2003, SEC.1; P.L.102-2014,
SEC.1.
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Repealed§ 5-1-10-1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