Indiana Statutes
§ 8-1-11.1-12 — Expenditures of current income; vouchers
Indiana § 8-1-11.1-12
JurisdictionIndiana
Art. 1UTILITIES GENERALLY
Ch. 11.1Department of Public Utilities of Consolidated City
This text of Indiana § 8-1-11.1-12 (Expenditures of current income; vouchers) 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 § 8-1-11.1-12 (2026).
Text
The current receipts and all other moneys
derived from the operation of any such utility property shall be
expended by said board of directors upon vouchers in a form to be
determined by them, and any such funds shall be deposited in such
bank or banks as may be determined by said board to the credit of said
board of directors for utilities, and any interest earned on any such
deposits shall be added to the principal thereof. No appropriation in any
form shall be necessary for the expenditure of any of such current
income or for the expenditure of the proceeds of any sale of bonds, or
of any other obligations, as authorized under this chapter, but all funds
arising under this chapter shall be deemed appropriated for the
respective purposes set forth in this chapter and shall be under the
c
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Nearby Sections
15
§ 8-1-1-11
Staff of commission§ 8-1-1-12
Repealed§ 8-1-1-13
Repealed§ 8-1-1-14
Annual report§ 8-1-1-15
Implementing rules; duration§ 8-1-1-16
Commission to consider effect of governmental requirements upon
utility's operational expenses§ 8-1-1-4
Repealed§ 8-1-1-4.1
Payment of expenses§ 8-1-1-6
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 8-1-11.1-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1-11.1-12.