Indiana Code 36-9-12-7. Disposition of surplus funds
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Terms Used In Indiana Code 36-9-12-7
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 7. At the end of a calendar year, money remaining in the municipal treasury to the credit of the special fund established under section 4 of this chapter remains in the fund and does not revert to the general fund of the municipality, but the municipal legislative body may, by ordinance, transfer any balance in the special fund to the general fund.
[Pre-Local Government Recodification Citation: 18-6-13-5 part.]
As added by Acts 1981, P.L.309, SEC.85.