Indiana Code 25-14-5-5. Dental recruitment fund
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Sec. 5. (a) The Indiana dental recruitment fund is established. The purpose of the fund is to provide grants to dentists and dental hygienists to encourage the full-time delivery of dental care in underserved areas and to increase the number of minority dentists and dental hygienists in Indiana. The board shall administer the fund.
(1) Payments made under section 6(3) of this chapter.
(b) The fund consists of the following:
Terms Used In Indiana Code 25-14-5-5
- committee: means the dental recruitment committee established by section 4 of this chapter. See Indiana Code 25-14-5-1
- 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 Indiana dental recruitment fund established by section 5 of this chapter. See Indiana Code 25-14-5-2
- minority: means an individual identified as any of the following:
Indiana Code 25-14-5-2.5
(2) Gifts to the fund.
(3) Grants from public or private sources.
(c) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund.
(d) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
(e) The fund shall be used to do the following:
(1) Provide grants under this chapter.
(2) Pay the costs incurred by the committee in administering this chapter.
As added by P.L.177-2009, SEC.34.