Sec. 2.1. If the total amount in the auctioneer recovery fund (including principal and interest) exceeds five hundred fifty thousand dollars ($550,000) at the end of a state fiscal year after the payment of all claims and expenses, the amount in excess of five hundred fifty thousand dollars ($550,000) reverts to the state general fund. As added by P.L.143-1990, SEC.3.
Reversion of excess funds
Ind. Code § 25-6.1-8-2.1, under Auctioneer Recovery Fund.
Ind. Code § 25-6.1-8-2.1