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Indiana Code Title 8. Utilities and Transportation § 8-5-15-25

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

Sec. 25. (a) The capital improvement contingency fund is established for the purpose of:

(1) receiving taxes, appropriations, and other revenues;

(2) matching state or federal transportation grants made to permit the acquisition of capital assets;

(3) acquiring capital improvements or assets;  or

(4) receiving, holding, and disbursing funds as a fiduciary.

(b) Money in the fund at the end of a fiscal year does not revert to the state general fund.

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Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-5-15-25 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-5-15-25/

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