Indiana Code 12-23-17-3. Transfer of programs, records, and property; transfer of related appropriations
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Terms Used In Indiana Code 12-23-17-3
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 3. If the programs, records, and property of a state institution are transferred under section 1(2) of this chapter, the state board of finance shall, under IC 4-9.1-1-7 and IC 4-13-2-23, transfer an appropriation to the state institution related to the transferred programs, records, and property to the state institution established under section 1 of this chapter.
[Pre-1992 Revision Citation: 16-13-1-9.3(d).]
As added by P.L.2-1992, SEC.17.