Indiana Code 14-13-1-29. Creation of fund
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Sec. 29. (a) The White River park development fund is created. The commission shall make expenditures from the fund only to accomplish the purposes of this chapter, including the acquisition of real property and interests in real property as the site for projects of the commission and the construction of facilities, betterments, and improvements within the projects.
(1) Hold the fund in the name of the commission.
(b) The commission shall do the following:
Terms Used In Indiana Code 14-13-1-29
- commission: refers to the Indiana White River state park development commission. See Indiana Code 14-13-1-1
- 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.
- fund: refers to the White River park development fund created by this chapter. See Indiana Code 14-13-1-2
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) Administer the fund.
(3) Make all expenditures from the fund.
(c) The money in the fund at the end of a fiscal year remains in the fund and does not revert to any other fund.
[Pre-1995 Recodification Citation: 14-6-29-9.]
As added by P.L.1-1995, SEC.6.