Investments of surplus money; authorization of officers

Ind. Code § 8-1.5-3-13, under Chapter 3. Operation of Municipally Owned Utilities Generally.

Ind. Code § 8-1.5-3-13

Sec. 13. The municipal legislative body may, by ordinance, authorize officers charged by law with custodial care, expenditure, and investment of utility money to invest or reinvest surplus money of a utility in the manner prescribed by IC 5-13-9. As added by Acts 1982, P.L.74, SEC.1. Amended by P.L.19-1987, SEC.20.