Sec. 20. The trust fund and other property of the authority must be preserved, invested, and expended only under this article and may not be used for any other purpose. The trust fund shall be held in trust for account owners and account beneficiaries.
As added by P.L.12-2016, SEC.8.
Structure Indiana Code
Article 11. Services for Individuals With Disabilities
Chapter 14. Achieving a Better Life Experience (Able) Program
12-11-14-4. "Contracting State"
12-11-14-5. "Designated Beneficiary"
12-11-14-6. "Eligible Individual"
12-11-14-7. "Qualified Able Program"
12-11-14-8. "Qualified Disability Expense"
12-11-14-10. Establishment of Able Board; Members; Appointments; Chairperson; Reimbursement; Quorum
12-11-14-10.5. Treasurer of State Administers, Manages, and Directs the Affairs of the Board
12-11-14-11. Board Duties and Powers
12-11-14-12. Authority Duties; Annual Report
12-11-14-13. Accepting of Gifts and Property by Authority
12-11-14-14. Designated Person Maintaining Records of Authority Proceedings; Custodian
12-11-14-16. Not a Conflict of Interest to Serve on Authority; Disclosure of Conflicts by Member
12-11-14-18. Investment Policies
12-11-14-19. Investment Policies by Board
12-11-14-20. Preserving, Investing, and Expenditures of Trust Fund and Property; Trust
12-11-14-21. Management of Assets in Trust Fund
12-11-14-22. Expenses of Authority; Exhausting of Funds
12-11-14-23. Audit; Transmission of Audit
12-11-14-24. Taxation Exemption; Property of Account Owner; Funds in Able Account