Sec. 4. (a) The treasurer of state is the exclusive custodian of the fund not held in trust by the several counties under IC 20-42-1.
(b) The state board of finance has full and complete management and control of the fund. The state board of finance shall invest the fund as provided in this title.
[Pre-2006 Recodification Citation: 21-1-3-1 part.]
As added by P.L.2-2006, SEC.172.
Structure Indiana Code
Article 49. State Management of Common School Funds; State Advances and Loans
Chapter 3. State Administration of Common School Fund
20-49-3-4. Treasurer; Fund Custodian
20-49-3-5. State Board; Administration of Fund
20-49-3-6. Rules; State Board of Education
20-49-3-7. Appropriation; Interest Balance
20-49-3-8. Advances; Eligible Projects
20-49-3-9. State Board; Powers; Applications
20-49-3-11. Advances Permitted; Counties Managing a County Common School Fund
20-49-3-12. Management of Funds; State Board of Finance
20-49-3-13. Rules; State Board of Finance
20-49-3-15. Statutory Construction; Liability of County Officer