Investments under this subdivision by the treasurer of state are governed by IC 5-13-10.(b) Investments in deposit accounts under subsection (a) must be in the amounts, and for the rates and terms, as are agreed upon from time to time by the officer making the investment and the designated depository.(c) Investments made in accordance with subsection (a) and the interest earned or accrued on them are public funds and are covered by the insurance fund.As added by P.L.18-1996, SEC.23.
Indiana Legal Code