Indiana Code
Chapter 2. County Administration of Congressional Township School Fund
20-42-2-15. Receipts for Payment of Principal or Interest on Loan

Sec. 15. All payments of principal or interest must be paid to the county treasurer. The:
(1) treasurer shall file a receipt with the county auditor; and
(2) auditor shall give the payor a receipt and record the payment.
The county auditor may accept payment of principal or interest if the county auditor can immediately transmit and pay the payment to the county treasurer.
[Pre-2006 Recodification Citation: 21-1-7-13 part.]
As added by P.L.2-2006, SEC.165.