Ind. Code § 25-6.1-8-2.1

Current through P.L. 171-2024

Section 25-6.1-8-2.1 - Reversion of excess funds

If the total amount in the auctioneer recovery fund (including principal and interest) exceeds five hundred fifty thousand dollars ($550,000) at the end of a state fiscal year after the payment of all claims and expenses, the amount in excess of five hundred fifty thousand dollars ($550,000) reverts to the state general fund.

IC 25-6.1-8-2.1

As added by P.L. 143-1990, SEC.3.