Indiana § 8-14-15.1-5.5 Transfer of title to proceeds in excess of $250,000,000; immunity from
civil liability in connection with transfer

Indiana Statutes

§ 8-14-15.1-5.5 — Transfer of title to proceeds in excess of $250,000,000; immunity from civil liability in connection with transfer

Indiana § 8-14-15.1-5.5

Art. 14HIGHWAY FINANCES

Ch. 15.1Next Level Indiana Trust Fund

This text of Indiana § 8-14-15.1-5.5 (Transfer of title to proceeds in excess of $250,000,000; immunity from civil liability in connection with transfer) 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 § 8-14-15.1-5.5 (2026).

Text

5.

(a)Notwithstanding any law to the contrary, the treasurer of state shall transfer title to any proceeds in excess of two hundred fifty million dollars ($250,000,000) held in the trust fund to the next generation trust fund established under IC 8-14-15.2.

(b)The officers, directors, and employees of the authority and the treasurer of state (whether arising from the capacities of the position or from having entered in any trust agreement under this chapter) are immune from civil liability in connection with any transfer to the next generation trust fund under this section.

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5. (a) Notwithstanding any law to the
contrary, the treasurer of state shall transfer title to any proceeds in
excess of two hundred fifty million dollars ($250,000,000) held in the
trust fund to the next generation trust fund established under IC 8-14-15.2.
(b) The officers, directors, and employees of the authority and the
treasurer of state (whether arising from the capacities of the position or
from having entered in any trust agreement under this chapter) are
immune from civil liability in connection with any transfer to the next
generation trust fund under this section.