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Indiana Code Title 8. Utilities and Transportation § 8-14-15.1-13

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

Sec. 13. (a) The principal of the trust may not be distributed during the term of the trust.

(b) The income that accrues from the investment of the trust shall be deposited in the trust.

(c) On March 15 in years set forth in the investment policy adopted by the board, the treasurer of state shall transfer all income accruing to the trust to the major moves construction fund.

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Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-14-15.1-13 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-14-15-1-13/

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