Sec. 12. (a) The commission shall manage and develop the fund and the assets of the fund.
(b) The commission shall do the following:
(1) Establish a policy for the investment of assets of the fund.
(2) Acquire money for the fund through the solicitation of private or public donations and other revenue producing activities.
(3) Perform other tasks consistent with prudent management and development of the fund.
As added by P.L.29-1997, SEC.1. Amended by P.L.133-2012, SEC.19.
Structure Indiana Code
Title 4. State Offices and Administration
Article 23. Boards and Commissions
Chapter 2.5. Indiana Arts Commission Trust Fund
4-23-2.5-4. Purpose of Fund; Contents
4-23-2.5-12. Management and Development of Fund
4-23-2.5-13. Administration of Fund; Investment of Money in Fund
4-23-2.5-14. Appropriations; Reversion of Money in Fund
4-23-2.5-15. Allocation of Money From Fund; Use of Interest and Dividends by Commission