Title 4, TITLE 4. STATE OFFICES AND ADMINISTRATION
366 chapters · 3,438 sections in this title.
Ind. Code § 4-12-16.2-1 "Fund"
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Sec. 1. As used in this chapter, "fund" means the state opioid settlement fund established by section 2 of this chapter. As added by P.L.201-2023, SEC.70.
Ind. Code § 4-12-16.2-2 State opioid settlement fund
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Sec. 2. The state opioid settlement fund is established. As added by P.L.201-2023, SEC.70.
Ind. Code § 4-12-16.2-3 Sources of money for the fund
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Sec. 3. The fund consists of: (1) all funds received by the state for the benefit of the state under: (A) multi-state and Indiana specific opioid litigation settlements described in IC 4-6-15; and (B) any other form of opioid litigation agreement that: (i) is enforceable by a cou…
Ind. Code § 4-12-16.2-4 Fund administered by the budget agency
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Sec. 4. The fund shall be administered by the budget agency. As added by P.L.201-2023, SEC.70.
Ind. Code § 4-12-16.2-5 State unrestricted opioid settlement account; state abatement
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opioid settlement account Sec. 5. The following accounts are established within the fund: (1) The state unrestricted opioid settlement account. The account consists of money distributed to the account under IC 4-6-15-4(a)(1) and any interest earnings that accrue to the fund under…
Ind. Code § 4-12-16.2-6 Expenses paid from money in the state unrestricted opioid
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settlement account Sec. 6. The expenses of administering the fund shall be paid from money in the state unrestricted opioid settlement account established by section 5(1) of this chapter. As added by P.L.201-2023, SEC.70.
Ind. Code § 4-12-16.2-7 Investment of money in the fund
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Sec. 7. The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from the investments shall be deposited in the state unrestricted opioid sett…
Ind. Code § 4-12-16.2-8 Money in the fund does not revert
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Sec. 8. Money in the fund at the end of a state fiscal year does not revert to the state general fund. As added by P.L.201-2023, SEC.70.