(a) The capital improvement contingency fund is established for the purpose of:(1) receiving taxes, appropriations, and other revenues;(2) matching state or federal transportation grants made to permit the acquisition of capital assets;(3) acquiring capital improvements or assets; or(4) receiving, holding, and disbursing funds as a fiduciary.(b) Money in the fund at the end of a fiscal year does not revert to the state general fund.As added by P.L.385-1987(ss), SEC.17.
Indiana Legal Code