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Indiana Code Title 25. Professions and Occupations § 25-23-1-34

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 34. (a) The impaired nurses account is established within the state general fund for the purposes of providing money for:

(1) providing rehabilitation of impaired registered nurses or licensed practical nurses under this article;

(2) funding the education compliance officer provided for under section 21.5 of this chapter;  and

(3) carrying out any of the duties of the board.

The account shall be administered by the Indiana professional licensing agency.

(b) Expenses of administering the account shall be paid from money in the account.  The account consists of the following:

(1) Funds collected for the rehabilitation of impaired registered nurses and impaired licensed practical nurses under sections 11(h), 12(g), and 16.1(d) of this chapter.

(2) Funds collected under section 31(c)(2) of this chapter.

(3) Fines collected from registered nurses or licensed practical nurses under IC 25-1-9-9(a)(6).

(c) The treasurer of state shall invest the money in the account not currently needed to meet the obligations of the account in the same manner as other public money may be invested.

(d) Money in the account is appropriated to the board for the purposes stated in subsection (a).

(e) The amount paid from the impaired nurses account in a state fiscal year for the purposes stated in subsection (a)(2) and (a)(3) may not exceed twelve and one-half percent (12.5%) of the average yearly revenue of the impaired nurses account for the two (2) preceding state fiscal years.

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Cite this article: FindLaw.com - Indiana Code Title 25. Professions and Occupations § 25-23-1-34 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-25-professions-and-occupations/in-code-sect-25-23-1-34/

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