Title 5, STATE AND LOCAL ADMINISTRATION

Sec. 18. All examinations under this chapter may be made without notice to the audited entities or officers whose accounts are to be examined, and without notice to any clerk, deputy, employee, or other person employed in or connected with the office or the business of such an au…

Sec. 19. No system for uniform bookkeeping or any book, record, or form which may be adopted after April 5, 1909, shall be copyrighted unless it shall be deemed expedient by the governor that a copyright be procured in the name of the state, and if any such copyright be procured,…

Sec. 2. The state board of accounts shall formulate, prescribe, and install a system of accounting and reporting in conformity with this chapter for use by an audited entity, which must comply with the following: (1) Be uniform for every public office and every public account of …

Sec. 21. (a) All public officers and responsible officers of audited entities shall adopt and use the books, forms, records, and systems of accounting and reporting adopted by the state board of accounts, when directed so to do by the board, and all forms, books, and records shal…

Sec. 24. (a) The state board of accounts shall establish in writing uniform compliance guidelines for the examinations and reports required by this chapter. The uniform compliance guidelines must include the standards that an entity must observe to avoid a finding that is critica…

Sec. 24.4. (a) This section applies only to an audited entity (excluding a college or university (as defined in IC 21-7-13-10)) that has: (1) an internal control officer; and (2) an internal control department; established by the legislative body of the audited entity. However, t…

Sec. 25. (a) This section and section 24.4 of this chapter do not limit the application of any law that requires a municipality, a public hospital, another public office or public officer, an entity, or another person or organization to be audited or otherwise examined on an annu…

Sec. 27. (a) As used in this section, "legislative body" has the meaning set forth in IC 36-1-2-9. (b) As used in this section, "material" means a significant or consequential amount, as determined by the state examiner and approved by the audit committee. (c) As used in this sec…

Sec. 28. (a) The bureau of motor vehicles (IC 9-14-7-1), office of the secretary of family and social services (IC 12-8-1.5-1), and department of state revenue (IC 6-8.1-2-1) shall each annually: (1) have performed by an internal auditor: (A) an internal audit; and (B) a review o…

Sec. 28.2. The state board of accounts shall have regular access to any statement of condition filed by a depository (as defined in IC 5-13-4-8) with the treasurer of state under IC 5-13-10-3. As added by P.L.34-2015, SEC.1.

Sec. 29. (a) As used in this section, "vendor" means a person who supplies electronic goods, software, or technological services (including computer services) to a political subdivision. The term does not include an employee of the political subdivision or an employee of the stat…

Sec. 3. In accordance with professional accounting standards, separate accounts shall be kept for every appropriation or fund of the state or any municipality. Separate accounts shall also be kept for each department, undertaking, enterprise, institution, and public service indus…

Sec. 30. (a) An audited entity may request that an examination conducted by the state board of accounts be conducted in accordance with generally accepted accounting principles. A request by a public officer must be approved by resolution adopted by the legislative body for the a…

Sec. 31. An examination of a school corporation conducted under section 24.4, 25(d), or 30 of this chapter and a financial report prepared in accordance with IC 5-1-11.5-3 must include an examination of: (1) any revenue spending plans adopted under IC 20-46-1-8 or IC 20-46-9-6 fo…

Sec. 4. (a) The state examiner shall require from every audited entity financial reports covering the full period of each fiscal year. These reports shall be prepared, verified, and filed with the state examiner as set forth in the uniform compliance guidelines. The reports must …

Sec. 6. The state board of accounts shall formulate, prescribe, and approve the forms for reports required to be made by this chapter. Formerly: Acts 1909, c.55, s.6. As amended by Acts 1980, P.L.30, SEC.5; P.L.181-2015, SEC.10.

Sec. 7. (a) The state examiner shall appoint assistants not exceeding the number required to administer this article. The assistants are to be known as "field examiners" and are at all times subject to the order and direction of the state examiner. Field examiners shall inspect a…

Sec. 8. All appointments of field examiners shall be made solely upon the ground of fitness and in accordance with professional accounting and auditing standards. The state board of accounts is empowered to make and establish, and from time to time alter and amend, by-laws, rules…

Sec. 9. (a) The state examiner, personally or through the deputy examiners, field examiners, or private examiners, shall examine all accounts and all financial affairs of every audited entity. However, an examination of an entity under this subsection shall be limited to matters …

Sec. 9.3. (a) This section applies only to a body corporate and politic whose enabling statute does not provide for an annual audit, examination, or other engagement by: (1) the state board of accounts; or (2) an independent public accounting firm; concerning financial or complia…

Sec. 9.5. (a) An individual may report suspected malfeasance, misfeasance, or nonfeasance by: (1) a public office; (2) a public officer; or (3) an individual who handles, administers, or has responsibility for administering public funds on behalf of an audited entity; to the stat…

Sec. 1. The authority exists and shall operate for the following public purposes: (1) Assisting, at the request of a state agency, with project or program development on behalf of or in cooperation with the state agency. (2) Providing decision making concerning access to the capi…

Sec. 2. This article and the referenced statutes shall be liberally construed to effect the purposes of this article and the referenced statutes. As added by P.L.189-2018, SEC.25.

Sec. 3. Any general, special, or local law that is made applicable to a particular entity by referring to an officer or office of the state, an agency, a state agency, an authority, a board, a commission, a committee, a department, a division, a bureau, an instrumentality, an ins…

Sec. 0.5. (a) All bonds, notes, evidences of indebtedness, leases, or other written obligations issued or executed under this article by or in the name of the: (1) IFA; (2) NWIRDA; and (3) NICTD; before April 30, 2019, are hereby legalized and declared valid. (b) Any pledge, dedi…

Sec. 1. (a) The general assembly makes the following findings of fact: (1) The communities in northwest Indiana face unique and distinct challenges and opportunities related to transportation and economic development that are different in scope and type than those faced by other …

Sec. 2. This article provides an additional and alternative method for doing the things authorized by this article, and is supplemental and additional to powers conferred by other laws and not in derogation of any other powers. As added by P.L.189-2018, SEC.26.

Sec. 3. This article is necessary for the welfare of the state and its inhabitants and shall be liberally construed to effect the purposes of this article. If any other law or rule is inconsistent with this article, this article is controlling as to the financing, acquisition, or…

Sec. 4. This article contains full and complete authorization for leases between the IFA and: (1) the NWIRDA; (2) the NICTD; (3) a unit; (4) a political subdivision; or (5) a governmental entity; for a rail project. No law, procedure, proceedings, publications, notices, consents,…

Sec. 5. (a) This article: (1) applies to: (A) the IFA; (B) the NWIRDA; and (C) the NICTD; only when acting for the purposes set forth in this article; and (2) does not apply to: (A) the IFA; (B) the NWIRDA; or (C) the NICTD; when acting under any other statute for any other purpo…

Sec. 6. When acting pursuant to powers specifically granted in this article, the IFA, the NWIRDA, and the NICTD are not required to comply with any other state statute or law unless it is required by this article. As added by P.L.189-2018, SEC.26.

Sec. 7. The IFA, the NWIRDA, and the NICTD may do all things necessary or proper to carry out this article. As added by P.L.189-2018, SEC.26.

Sec. 8. (a) An action to contest the validity of any action taken under this article may not be brought after the fifteenth day following the date the resolution of: (1) the IFA; (2) the NWIRDA; or (3) the NICTD; is adopted approving the action taken, provided the applicable stat…

Sec. 1. The definitions in this chapter apply throughout this article. As added by P.L.42-1985, SEC.1.

Sec. 10. "Qualified entity" means the following: (1) A city. (2) A county. (3) A special taxing district located wholly within a county. (4) Any entity whose tax levies are subject to review and modification by a city-county legislative body under IC 36-3-6-9. (5) A political sub…

Sec. 11. "Reserve fund" refers to the reserve fund established under IC 5-1.4-5-1. As added by P.L.42-1985, SEC.1.

Sec. 12. "Security" means a bond, note, or evidence of indebtedness issued by a qualified entity and payable from taxes, revenues, rates, charges, assessments, proceeds of funding or refunding bonds or notes, or any combination of the foregoing. As added by P.L.42-1985, SEC.1.

Sec. 2. "Bank" refers to the local public improvement bond bank established under IC 5-1.4-2-1. As added by P.L.42-1985, SEC.1.

Sec. 3. "Board" refers to the board of directors established under IC 5-1.4-2-2. As added by P.L.42-1985, SEC.1.

Sec. 4. "Bond" refers to a bond of the bank issued under this article. As added by P.L.42-1985, SEC.1.

Sec. 5. "City" refers to any of the following: (1) A consolidated city. (2) A second class city. (3) A city having a population of more than five thousand (5,000) and less than five thousand one hundred thirty (5,130). As added by P.L.42-1985, SEC.1. Amended by P.L.29-1986, SEC.1…

Sec. 6. "County" refers to the county in which the bank is located. As added by P.L.42-1985, SEC.1.

Sec. 7. "Financial institution" means a financial institution as defined in IC 28-1-1-3. As added by P.L.42-1985, SEC.1.

Sec. 8. "Holder" means a person who is: (1) the bearer of any outstanding bond or note registered to bearer or not registered; or (2) the registered owner of any outstanding bond or note that is registered other than to bearer. As added by P.L.42-1985, SEC.1.

Sec. 9. "Note" refers to a note of the bank issued under this article. As added by P.L.42-1985, SEC.1.

Sec. 1. The definitions in this chapter apply throughout this article. As added by P.L.25-1984, SEC.1.