Limited reversion to the state general fund; investment

Ind. Code § 14-25.5-3-3
in effect
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Sec. 3. (a) Except as provided in subsection (d), money in the fund does not revert to the state general fund at the end of a fiscal year. (b) The total amount in the fund may not exceed one million dollars ($1,000,000). Any money in the fund that exceeds one million dollars ($1,000,000) reverts to the land and water resources fund established by IC 14-25-10-2. (c) 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 these investments shall be deposited in the fund. (d) If the fund is abolished, all money in the fund reverts to the state general fund. As added by P.L.145-2002, SEC.3.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/14Fetched: 10/17/2026

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Ind. Code § 14-25.5-3-3 — Limited reversion to the state general fund; investment | Indiana Code (Aug. 2026 snapshot) | Corpus