Ind. Code § 5-13-11-5

Current through P.L. 171-2024

Section 5-13-11-5 - Interest or accretion

The depository shall credit any interest or other accretion from an investment to the investment account of the political subdivision. The interest or accretion becomes a part of the principal in that account.

IC 5-13-11-5

As added by P.L. 19-1987, SEC.13.