Indiana Statutes
§ 5-13-9-9 — Prohibited acts
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 13 INVESTMENT OF PUBLIC FUNDS·Ch. 9 Deposit and Investment Powers
An officer designated in section 1 of this chapter may not do the following:
(1)Purchase securities on margin.
(2)Open a securities margin account for the investment of public
funds.
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Legislative History
As added by P.L.72-1995, 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Repealed§ 5-1-10-1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