Depreciation account; use of revenues

Ind. Code § 8-1.5-5-11
in effect
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Sec. 11. The revenues set aside to the depreciation account shall be expended for: (1) the repair of the storm water system; (2) new acquisition, construction, extensions, or additions to the property of the storm water system; or (3) transfer to the bond and interest redemption account to prevent a default. As added by P.L.125-1987, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026

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