Ind. Code ch. 36-6-10

in effect

Ind. Code § 36-6-10-1 "Unrestricted funds"

Sec. 1. As used in this chapter, "unrestricted funds" has the meaning set forth in IC 36-6-9-4.5. As added by P.L.173-2025, SEC.39.

Ind. Code § 36-6-10-2 Fund required

Sec. 2. A township shall establish a fund for the improvement and maintenance of the roads and infrastructure within the township's boundaries. As added by P.L.173-2025, SEC.39.

Ind. Code § 36-6-10-3 Adoption of resolution

Sec. 3. Before a township enters into a written memorandum of understanding under section 4 of this chapter, the township board must adopt a resolution in favor of providing money for the improvement and maintenance of roads and infrastructure. As added by P.L.173-2025, SEC.39.

Ind. Code § 36-6-10-4 Memorandum of understanding; transfers from fund

Sec. 4. A township must enter into a written memorandum of understanding with a city, town, or county, as applicable, for, subject to section 5 of this chapter, the transfer of funds from a fund established under section 2 of this chapter to the city, town, or county for the purpose of bidding out projects that are: (1) for the improvement of roads and infrastructure within the township's boundaries; and (2) approved by the township. Funds used for a project under this section must be used solely for projects for roads and infrastructure that are within the township's boundaries. As added by P.L.173-2025, SEC.39.

Ind. Code § 36-6-10-5 Amount and manner of contributions to fund

Sec. 5. A transfer of funds from a fund established under section 2 of this chapter for a purpose allowed under this chapter must be accomplished in the same manner that a township makes transfers from the rainy day fund as set forth in IC 36-1-8-5.1, except that the amount of the transfer of unobligated cash balances as described in IC 36-1-8-5.1(d)(2)(B)(iii) shall contribute thirty percent (30%) of the balance of all unrestricted funds that exceed the township's budget for the following year, as provided in the township's capital improvement plan under IC 36-6-9-12(b)(1). As added by P.L.173-2025, SEC.39.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026