Sec. 7. 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.
County liability for fund
Ind. Code § 20-42-1-7, under Administration of Common School Fund by County.
Ind. Code § 20-42-1-7