Ind. Code ch. 20-25.3-6

in effect

Ind. Code § 20-25.3-6-1 Operations fund created

Sec. 1. The corporation shall create a corporation operations fund to be used by the corporation for the purposes of the corporation. As added by P.L.101-2026, SEC.12.

Ind. Code § 20-25.3-6-2 Deposits in fund

Sec. 2. The corporation operations fund shall be used to deposit revenue received under IC 20-46-8-11.2(j) and IC 20-46-8-12(m). As added by P.L.101-2026, SEC.12.

Ind. Code § 20-25.3-6-3 Expenditures; appropriation requirements

Sec. 3. Expenditures from the corporation operations fund may be made only after appropriation in the annual budget or by an additional appropriation under IC 6-1.1-18-5. As added by P.L.101-2026, SEC.12.

Ind. Code § 20-25.3-6-4 Balance investment; retention

Sec. 4. (a) Any balance in the corporation operations fund may be invested in the manner provided for investment of money by a political subdivision. The net proceeds from the investment become a part of the corporation operations fund. (b) Any balance, or a part of the balance, remaining in the corporation operations fund at the end of a year may be retained in the corporation operations fund. As added by P.L.101-2026, SEC.12.

Ind. Code § 20-25.3-6-5 Use of money in the fund

Sec. 5. The corporation may use money in the corporation operations fund to carry out the purposes of the corporation. As added by P.L.101-2026, SEC.12.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026