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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 2. Unless otherwise provided by law, any funds appropriated by the general assembly to a state agency for an expense related to a contract that remain unused ninety (90) days after the end of the term of the contract:
(1) must be unallotted by the budget agency and no longer available for the state agency's use; and
(2) on the June 30 after the funds are unallotted, revert to the fund from which they were appropriated.
Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-35.7-3-2 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-35-7-3-2/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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