Fund; other allotments

Ind. Code § 14-12-2-28
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 28. After the allotment required under section 27 of this chapter has been made, the following allotments shall be made: (1) Ten percent (10%) of the balance shall be allotted to each account listed in section 26(a)(1) through 26(a)(5) of this chapter. (2) Fifty percent (50%) of the balance shall be allotted to the account listed in section 26(a)(7) of this chapter. [Pre-1995 Recodification Citation: 14-3-20-30.] As added by P.L.1-1995, SEC.5. Amended by P.L.172-2016, SEC.27.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/14Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements