Indiana Code 13-23-7-5. Investments
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Terms Used In Indiana Code 13-23-7-5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 5. The treasurer of state shall invest the money in the ELTF not currently needed to meet the obligations of the ELTF in the same manner as other public money may be invested. Interest that accrues from these investments shall be deposited in the ELTF. At least one (1) time each year, the treasurer of state shall provide the financial assurance board a report detailing the investments made under this section.
[Pre-1996 Recodification Citation: 13-7-20-31(e).]
As added by P.L.1-1996, SEC.13. Amended by P.L.9-1996, SEC.9; P.L.96-2016, SEC.16.