Indiana Code 5-1.2-10-3. Funds
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Sec. 3. (a) The following funds are established:
(2) The wastewater revolving loan fund (referred to in this chapter as the “wastewater SRF fund” or “fund”).
(1) The drinking water revolving loan fund (referred to in this chapter as the “drinking water SRF fund” or “fund”).
Terms Used In Indiana Code 5-1.2-10-3
- 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.
(b) The authority shall administer, hold, and manage each fund.
(c) Except as provided in the federal Clean Water Act or the federal Safe Drinking Water Act, the cost of administering either fund or program may be paid from the appropriate fund or from other money.
(d) All money accruing to each fund and money allotted to the state under federal law is appropriated continuously for the purposes specified in this chapter.
(e) Money in the each fund does not revert to the state general fund at the end of a state fiscal year.
As added by P.L.189-2018, SEC.25.