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§ 5-28-24-9 — Indiana Law | CourtGPT
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  6. Chapter 24 - Investment Incentive Program5-28-24-1. "Municipality"/
  7. § 5-28-24-9
Indiana Legal Code

§ 5-28-24-9

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(b) The fund consists of appropriations from the general assembly and loan repayments.(c) The corporation shall administer the fund. The following may be paid from money in the fund:(1) Expenses of administering the fund.(2) Nonrecurring administrative expenses incurred to carry out the purposes of this chapter.(d) Earnings from loans made under this chapter shall be deposited the fund.(e) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the state general fund.As added by P.L.4-2005, SEC.34.