Sec. 9. An officer designated in section 1 of this chapter may not do the following: (1) Purchase securities on margin. (2) Open a securities margin account for the investment of public funds. As added by P.L.72-1995, SEC.5.
Prohibited acts
Ind. Code § 5-13-9-9, under Chapter 9. Deposit and Investment Powers.
Ind. Code § 5-13-9-9