Indiana Statutes
§ 8-1-2.2-14 — Trust funds
Indiana § 8-1-2.2-14
This text of Indiana § 8-1-2.2-14 (Trust funds) 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 § 8-1-2.2-14 (2026).
Text
Trust Funds. Notwithstanding any other
provisions of law to the contrary, all moneys received pursuant to the
authority of this chapter, whether as proceeds from the sale of bonds or
as revenues, shall be considered trust funds to be held and applied
solely as provided in this chapter. The resolution authorizing the bonds
of any issue, or the trust agreement securing such bonds, may provide
that any of those moneys may be temporarily invested and reinvested
pending the disbursements of those moneys in securities and other
investments as shall be provided in the resolution or trust agreement,
and shall also provide that any officer with whom, or any bank or trust
company with which, such moneys shall be deposited shall act as
trustee of those moneys and shall hold and apply them as directed
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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Repealed§ 8-1-1-13
Repealed§ 8-1-1-14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Repealed§ 8-1-1-4.1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 § 8-1-2.2-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1-2.2-14.