Indiana Code 4-12-16.2-7. Investment of money in the fund
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 4-12-16.2-7
- fund: means the state opioid settlement fund established by section 2 of this chapter. See Indiana Code 4-12-16.2-1
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
Sec. 7. The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from the investments shall be deposited in the state unrestricted opioid settlement account established by section 5(1) of this chapter.
As added by P.L.201-2023, SEC.70.