§ 5-22-2-23 — "Public funds"

Indiana § 5-22-2-23

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 22: PUBLIC PURCHASING
• Ch. 2: Definitions

Text

(a) "Public funds" means money:
(1) derived from the revenue sources of the governmental body;
and
(2) deposited into the general or a special fund of the
governmental body.
(b) The term does not include either of the following:
(1) Money received by a person under an authorized
public-private agreement under IC 5-23.
(2) Proceeds of bonds payable exclusively by, or used by, a
private entity.

Legislative History

As added by P.L.49-1997, SEC.1. Amended by P.L.255-2017, SEC.2; P.L.156-2024, SEC.3.