Indiana Code > Title 20 > Article 40 > Chapter 14 – Special Purpose Funds Without Local Tax
Current as of: 2023 | Check for updates
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Other versions
| § 20-40-14-1 | Separate accounting; gifts; endowments; federal grants and loans |
| § 20-40-14-2 | Disbursement without appropriation |
| § 20-40-14-3 | Application of other laws |
Terms Used In Indiana Code > Title 20 > Article 40 > Chapter 14 - Special Purpose Funds Without Local Tax
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Statute: A law passed by a legislature.