Indiana § 9-14-14-1 Bureau of motor vehicles commission fund

Indiana Statutes

§ 9-14-14-1 — Bureau of motor vehicles commission fund

Indiana § 9-14-14-1

Title 9MOTOR VEHICLES

Art. 14BUREAU OF MOTOR VEHICLES

Ch. 14Funds

This text of Indiana § 9-14-14-1 (Bureau of motor vehicles commission fund) 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 § 9-14-14-1 (2026).

Text

(a)The bureau of motor vehicles commission fund is established for the purpose of paying the expenses incurred in administering IC 9-14.1 and to defray expenses incurred by the bureau in verifying compliance with financial responsibility requirements under IC 9-25-9. The commission shall administer the fund.

(b)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.

(c)Money in the fund at the end of a state fiscal year does not revert to the state general fund.

(d)There is annually appropriated to the commission the money in the fund for its use in carrying out the purposes of IC 9-14.1, subject to the approval of the budget agency.

(e)The fund consists of the followin

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(a) The bureau of motor vehicles commission
fund is established for the purpose of paying the expenses incurred in
administering IC 9-14.1 and to defray expenses incurred by the bureau
in verifying compliance with financial responsibility requirements
under IC 9-25-9. The commission shall administer the fund.
(b) 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.
(c) Money in the fund at the end of a state fiscal year does not revert
to the state general fund.
(d) There is annually appropriated to the commission the money in
the fund for its use in carrying out the purposes of IC 9-14.1, subject to
the approval of the budget agency.
(e) The fund consists of the following:
(1) Money deposited in or distributed to the fund under this title.
(2) Money deposited in the fund under IC 9-29-14-5 (before its
repeal).
(3) Money received from any other source, including
appropriations.
[Pre-2016 Revision Citations: subsection (a) formerly
9-29-14-1; subsection (b) formerly 9-29-14-2; subsection (c)
formerly 9-29-14-3; subsection (d) formerly 9-29-14-4; subsection
(e) formerly 9-29-14-5.]