County liability for fund

Ind. Code § 20-42-2-5, under Chapter 2. County Administration of Congressional Township School Fund.

Ind. Code § 20-42-2-5

Sec. 5. A county shall be held liable for the: (1) preservation of the part of the fund as is entrusted or has been entrusted to the county; and (2) payment of the annual interest on the fund, at the rate established by law. [Pre-2006 Recodification Citation: 21-1-1-2 part.] As added by P.L.2-2006, SEC.165.