Ind. Code § 8-25-8-4

Current through P.L. 171-2024
Section 8-25-8-4 - Use of money collected by foundation

A foundation established under section 3 of this chapter:

(1) shall use money received under section 3 of this chapter to:
(A) fund in part a public transportation project authorized under this article as required by IC 8-25-3-6(a); and
(B) carry out the purposes and programs of the foundation under this chapter; and
(2) may deposit money received under section 3 of this chapter in an account or fund that is:
(A) administered by the foundation; and
(B) not part of the state or county treasury.

IC 8-25-8-4

Added by P.L. 153-2014, SEC. 17, eff. 7/1/2014.