Indiana Statutes
§ 6-1.1-41-15 — Transfer of fund balance; revision
If the political subdivision establishing a fund:
(1)decides that the purposes for which the fund was established
have been accomplished or no longer exist; or
(2)rescinds the tax levy for the fund;
the governing body establishing the fund for the political subdivision
may transfer the balance in the fund to the general fund of the political
subdivision. The money in a fund does not otherwise revert to the
general fund of a political subdivision at the end of the political
subdivision's fiscal year.
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Indiana § 6-1.1-41-15 (Transfer of fund balance; revision) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.17-1995, SEC.6.
Nearby Sections
15
§ 6-1.1-1-1
Applicability§ 6-1.1-1-1.5
"Assessing official"§ 6-1.1-1-10
"Person"§ 6-1.1-1-11
"Personal property"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 6-1.1-1-18
"State agency"§ 6-1.1-1-19
"Tangible property"§ 6-1.1-1-2
"Assessment date"§ 6-1.1-1-20
"Taxing district"§ 6-1.1-1-21
"Taxing unit"