Statutes, codes, and regulations
Indiana Code
Title 5 - STATE AND LOCAL ADMINISTRATIONArticle 1.4 - LOCAL PUBLIC IMPROVEMENT BOND BANKS
Chapter 9 - MISCELLANEOUS PROVISIONS
Section 5-1.4-9-5 - Authority to receive appropriations or grants from federal government; disposition

Ind. Code § 5-1.4-9-5

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Current through P.L. 171-2024
Section 5-1.4-9-5 - Authority to receive appropriations or grants from federal government; disposition

The chairman of the board of the bank is authorized to receive from the United States or any department or agency thereof any amount of money as and when appropriated, allocated, granted, turned over, or in any way provided for the purposes of the bank or this article. Those amounts shall, unless otherwise directed by the federal authority, be credited to and deposited in the general fund and be available to the bank.

IC 5-1.4-9-5

As added by P.L. 42-1985, SEC.1.