Indiana Statutes
§ 5-28-8-6 — Investment of fund by treasurer of state
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 8 Economic Development Fund
(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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Indiana § 5-28-8-6 (Investment of fund by treasurer of state) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.4-2005, SEC.34.
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Repealed§ 5-1-10-1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