Balance investment; retention

Ind. Code § 20-25.3-6-4, under Indianapolis Public Education Corporation Operations Fund.

Ind. Code § 20-25.3-6-4

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.