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Indiana Code Title 5. State and Local Administration § 5-1.2-10-5

Current as of January 01, 2026 | Updated by Findlaw Staff

Sec. 5. (a) The general assembly may appropriate money to either fund.

(b) Grants or gifts of money to either fund from the federal government or other sources and the proceeds of the sale of:

(1) gifts to either fund;  and

(2) loans and other financial assistance, as provided in sections 11 through 15 of this chapter;

shall be deposited in the appropriate fund.

(c) Repayments of loans and other financial assistance from either fund, including interest, premiums, and penalties, shall be deposited in the appropriate fund.

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Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-1.2-10-5 - last updated January 01, 2026 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-1-2-10-5/

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