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§ 5-28-7-5 — Indiana Law | CourtGPT
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  4. Title 5 - State and Local Administration/
  5. Article 28 - Indiana Economic Development Corporation/
  6. Chapter 7 - Training 2000 Program and Fund5-28-7-1. Definitions/
  7. § 5-28-7-5
Indiana Legal Code

§ 5-28-7-5

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(b) The fund consists of:(1) appropriations from the general assembly; and(2) money repaid to the corporation under section 7 of this chapter.(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) 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 fund.As added by P.L.4-2005, SEC.34. Amended by P.L.237-2017, SEC.19; P.L.146-2018, SEC.1.