(a) The board may establish and collect:(1) up to thirty-five dollars ($35) for each brand recording; and(2) fair and reasonable charges related to the cost of administering a brand recordation program for:(A) the rerecording of brands;(B) the recording of instruments transferring ownership of brands; and(C) certificates of recordation or rerecordation of brands.(b) The board shall deposit fees collected under this section in the brand registration fund. The brand registration fund is a nonbudgetary fund, and the money remaining in the brand registration fund at the end of a state fiscal year does not revert to the state general fund. The board may disburse money from the brand registration fund to defray the administrative costs of implementing this chapter.[Pre-2008 Recodification Citation: 15-5-14-13.]As added by P.L.2-2008, SEC.10.
Indiana Legal Code