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Current as of January 02, 2024 | Updated by FindLaw Staff
Sec. 4. A foundation established under section 3 of this chapter:
(1) shall use money received under section 3 of this chapter to:
(A) fund in part a public transportation project authorized under this article as required by IC 8-25-3-6(a); and
(B) carry out the purposes and programs of the foundation under this chapter; and
(2) may deposit money received under section 3 of this chapter in an account or fund that is:
(A) administered by the foundation; and
(B) not part of the state or county treasury.
Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-25-7-4 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-25-7-4/
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 or via Westlaw before relying on it for your legal needs.
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