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Indiana Code Title 5. State and Local Administration § 5-13-9.5-4

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

Sec. 4. When the state board of finance has designated a depository for public funds, the treasurer of state shall accept the application of the financial institution to act as a depository for public funds.  A designation under this section expires only under the following conditions:

(1) The board of depositories revokes the status of the financial institution as a depository under section 6 of this chapter.

(2) The financial institution resigns as a depository under section 7 of this chapter.

(3) Another law terminates the depository status of the financial institution.

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Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-13-9.5-4 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-13-9-5-4/

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