§ 9-32-7-2 — Dealer enforcement account

Indiana § 9-32-7-2

• Jurisdiction: Indiana
• Title 9: MOTOR VEHICLES
• Art. 32: DEALER SERVICES
• Ch. 7: Accounts and Distribution of License and Permit Fees

Text

(a) The dealer enforcement account is
established as a separate account to be administered by the secretary.
(b) The dealer enforcement account consists of money deposited
pursuant to:
(1) IC 9-32-4-1(d);
(2) IC 9-32-16-1(f);
(3) IC 9-32-16-13(d);
(4) IC 9-32-17-1;
(5) IC 9-32-17-7;
(6) IC 9-32-17-9; and
(7) IC 9-32-19-32.
The funds in the account shall be available, with the approval of the
budget agency, for use to augment and supplement the funds
appropriated for the administration of this article.
(c) The treasurer of state shall invest the money in the dealer
enforcement 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 into the
account.
(d) Money in the dealer enforcement account at the end of the state
fiscal year does not revert to the state general fund.
(e) Money in the dealer enforcement account is continuously
appropriated to the secretary for the purposes of the account.

Legislative History

As added by P.L.92-2013, SEC.78. Amended by P.L.27-2018, SEC.21; P.L.120-2020, SEC.54; P.L.42-2025, SEC.38.