Sec. 1. (a) The plumbers recovery fund is established for:
(1) the purpose set out in this chapter; and
(2) carrying out the duties of the Indiana plumbing commission.
The fund shall be administered by the Indiana plumbing commission.
(b) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the fund.
(c) Money in the fund at the end of a state fiscal year does not revert to the state general fund, except as provided in section 2.2 of this chapter.
As added by P.L.260-1987, SEC.1. Amended by P.L.143-1990, SEC.5; P.L.112-2014, SEC.31.
Structure Indiana Code
Title 25. Professions and Occupations
Chapter 2. Plumbers Recovery Fund
25-28.5-2-1. Establishment of Fund; Investments; Interest
25-28.5-2-2. Surcharge; Formula; Assessments
25-28.5-2-2.2. Reversion of Excess Funds
25-28.5-2-3. Interest on Investments; Payment of Expenses
25-28.5-2-6. Agent for Service of Process
25-28.5-2-7. Limitation of Actions
25-28.5-2-8. Commission as Defendant; Hearings; Issuance of Orders
25-28.5-2-9. Payment of Claims From Fund
25-28.5-2-10. Suspension of License; Repayment of Fund