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Sec. 31.5. (a) Money from the discretionary account may not be used to acquire property for an approved project unless the approved project receives endorsement and participation from:
(1) a department division associated with the accounts listed in section 26(a)(1) through 26(a)(5) of this chapter; and
(2) nonstate sources or the foundation.
(b) Expenditures from the discretionary account may not exceed one-half ( 1/2 ) of the value of a property acquired under this chapter unless:
(1) the approved project advances multiple conservation objectives; and
(2) at least two (2) of the department divisions associated with the accounts listed in section 26(a)(1) through 26(a)(5) of this chapter have endorsed and are participating in the approved project.
(c) If an approved project satisfies the requirements of subsection (b)(1) and (b)(2), the applicant may request that up to two-thirds ( 2/3 ) of the value of the acquired property be paid from the discretionary account.
Cite this article: FindLaw.com - Indiana Code Title 14. Natural and Cultural Resources § 14-12-2-31.5 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-14-natural-and-cultural-resources/in-code-sect-14-12-2-31-5.html
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