™Your Policy Risk Impact Agent
341 chapters · 3,670 sections in this title.
Ind. Code § 8-14-15.2-1 "Authority"
0.1K chars
Sec. 1. As used in this chapter, "authority" refers to the Indiana finance authority. As added by P.L.189-2018, SEC.79.
Ind. Code § 8-14-15.2-10 Use of principal to make and secure certain lease rental payments; transfer of money if insufficient grant proceeds are received from the federal government; report by the state budget director
1.1K chars
Sec. 10. (a) The principal of the trust may be used to make and secure lease rental payments that: (1) are payable from grant proceeds from the federal government; and (2) will be used to pay bonds or notes issued by the authority pursuant to IC 5-1.3. (b) If grant proceeds recei…
Ind. Code § 8-14-15.2-11 Trust code applicable to the trust
0.1K chars
Sec. 11. IC 30-4 (trust code) applies to a trust established under this chapter. As added by P.L.189-2018, SEC.79.
Ind. Code § 8-14-15.2-12 Diminishment of trust principal; deposit of trust income; transfer of trust income to major moves construction fund
0.5K chars
Sec. 12. (a) Except as otherwise required by section 10 of this chapter, the principal of the trust may not be diminished during the term of the trust. (b) The income that accrues from investment of the trust shall be deposited in the trust. (c) On March 15, 2021, and March 15 ev…