Indiana Statutes
§ 5-22-21-10 — Proceeds of sales
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 22 PUBLIC PURCHASING·Ch. 21 Disposition of State Surplus Personal Property
(a)The proceeds of a sale under this chapter
or under IC 5-22-22 shall be deposited in the state treasury and credited
to the fund from which the property was purchased.
(b)The proceeds are subject to allotment by the budget agency with
the approval of the governor.
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Legislative History
As added by P.L.49-1997, 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Repealed§ 5-1-10-1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