Indiana Statutes

§ 9-32-7-1 — Dealer compliance account

Indiana·Title 9 MOTOR VEHICLES·Art. 32 DEALER SERVICES·Ch. 7 Accounts and Distribution of License and Permit Fees
(a)The dealer compliance account is established as a separate account to be administered by the secretary. The funds in the account must be available, with the approval of the budget agency, for use in enforcing and administering this article.
(b)The expenses of administering this article shall be paid from money in the account.
(c)The treasurer of state shall invest the money in the dealer compliance account not currently needed to meet the obligations of the account in the same manner as other public money may be invested. Interest that accrues from these investments shall be deposited in the account.
(d)The dealer compliance account consists of the following:
(1)Money deposited under:
(A)IC 9-32-6;
(B)IC 9-32-6.5; and
(C)section 3(1) of this chapter.
(2)Appropriations to the ac

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Legislative History

As added by P.L.92-2013, SEC.78. Amended by P.L.174-2016, SEC.68; P.L.179-2017, SEC.55.

Nearby Sections

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