Sec. 3. (a) The osteoporosis education fund is established for the purpose of carrying out the duties under this chapter. The fund shall be administered by the state department.

     (b) The treasurer of state may invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be administered.

Terms Used In Indiana Code 16-41-39.6-3

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
     (c) Money in the fund at the end of a fiscal year does not revert to the state general fund.

     (d) The fund consists of money accepted by the department from grants and donations from private entities.

As added by P.L.147-1997, SEC.4.