Sec. 12. The treasurer of state shall invest the money in each development fund not currently needed to meet obligations of that fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the fund.
As added by P.L.341-1989(ss), SEC.2.
Structure Indiana Code
Title 4. State Offices and Administration
Article 31. Pari-Mutuel Wagering on Horse Races
Chapter 11. Breed Development Advisory Committees and Breed Development Funds
4-31-11-1. "Development Committee" Defined
4-31-11-2. "Development Fund" Defined
4-31-11-3. Establishment of Separate Committee for Each Breed
4-31-11-4. Members; Requirements
4-31-11-5. Term of Office; Vacancy
4-31-11-7. Salary; Reimbursement of Expenses
4-31-11-8. Indiana Sires Racing Program
4-31-11-9. Recommendations to Commission
4-31-11-10. Establishment of Separate Fund for Each Breed
4-31-11-11. Composition of Fund
4-31-11-12. Investment of Funds
4-31-11-13. Payments From Funds; Order; Transfer of Funds; Appropriation