Sec. 8. Any cash assets in excess of one million five hundred thousand dollars ($1,500,000) remaining in the industry and farm products revolving fund at the close of any fiscal year shall be paid into a special fund to be used for capital expenditures for the department or support of the industry and farm products revolving fund. The cash assets remaining in the revolving fund at the close of any fiscal year shall include and be limited to all items of cash less the total amount of all accounts payable including all of the unliquidated obligations which appear as a matter of record in the office of the auditor of state.
As added by Acts 1979, P.L.120, SEC.3. Amended by P.L.149-1983, SEC.1.
Structure Indiana Code
Article 10. Correctional Services and Programs
Chapter 6. General Provisions Concerning Offender Employment
11-10-6-1. Industry and Farm Product Advisory Council; Establishment; Duties; Meetings, Membership
11-10-6-2. Industry and Farm Programs; Establishment and Administration; Recycling Programs
11-10-6-3. Duties and Opportunities of Confined Persons
11-10-6-5. Sale of Goods in Open Market
11-10-6-6. Industry and Farm Products Revolving Fund; Establishment; Review; Revenues
11-10-6-7. Industry and Farm Products Revolving Fund; Request for Allocation; Records; Annual Budget
11-10-6-8. Industry and Farm Products Revolving Fund; Excess Cash Assets; Remaining Cash Assets
11-10-6-11. Contract for Management of Program or Activity Operated for Employment of Offenders