Ind. Code § 8-1.5-5-8

Current through P.L. 171-2024

Section 8-1.5-5-8 - Fixing and setting aside revenues

The board may fix and set aside:

(1) revenues of the department necessary for reasonable and proper operation and maintenance;

(2) revenues for a proper and adequate depreciation account; and

(3) revenues to be applied to the payment of the principal and interest of the authorized bonds.

IC 8-1.5-5-8

As added by P.L. 125-1987, SEC.1.