Indiana § 5-28-8-6 Investment of fund by treasurer of state

Indiana Statutes

§ 5-28-8-6 — Investment of fund by treasurer of state

Indiana § 5-28-8-6

Title 5STATE AND LOCAL ADMINISTRATION

Art. 28INDIANA ECONOMIC DEVELOPMENT

Ch. 8Economic Development Fund

This text of Indiana § 5-28-8-6 (Investment of fund by treasurer of state) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 5-28-8-6 (2026).

Text

(a)The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the fund.

(b)The treasurer of state shall also:

(1)receive cash receipts belonging to the fund, deposit these amounts in the fund, and submit a monthly report to the corporation of these transactions; and

(2)make payments on vouchers authorized by the corporation.

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(a) The treasurer of state shall invest the money
in the fund not currently needed to meet the obligations of the fund in
the same manner as other public funds may be invested. Interest that
accrues from these investments shall be deposited in the fund.
(b) The treasurer of state shall also:
(1) receive cash receipts belonging to the fund, deposit these
amounts in the fund, and submit a monthly report to the
corporation of these transactions; and
(2) make payments on vouchers authorized by the corporation.