§ 9-18.5-31-7 — Indiana State Museum Foundation trust fund

Indiana § 9-18.5-31-7

• Jurisdiction: Indiana
• Title 9: MOTOR VEHICLES
• Art. 18.5: DISTINCTIVE LICENSE PLATES
• Ch. 31: Abraham Lincoln's Boyhood Home License Plates

Text

(a) The Indiana State Museum Foundation
trust fund is established.
(b) The treasurer of state shall invest the money in the Indiana State
Museum Foundation trust fund not currently needed to meet the
obligations of the Indiana State Museum Foundation trust fund in the
same manner as other public funds are invested. Interest that accrues
from these investments shall be deposited in the Indiana State Museum
Foundation trust fund. Money in the Indiana State Museum Foundation
trust fund is continuously appropriated for the purposes of this section.
(c) The bureau shall administer the Indiana State Museum
Foundation trust fund. Expenses of administering the Indiana State
Museum Foundation trust fund shall be paid from money in the fund.
(d) The bureau shall distribute at least one (1) time each month the
money from the Indiana State Museum Foundation trust fund to the
Indiana State Museum Foundation, Inc. for use concerning the Lincoln
collection.
(e) Money in the Indiana State Museum Foundation trust fund at the
end of a state fiscal year does not revert to the state general fund.
[Pre-2016 Revision Citation: 9-18-52-7.5.]

Legislative History

As added by P.L.198-2016, SEC.327. Amended by P.L.118-2022, SEC.20.