Sec. 6. All interest accrued or accruing on the sinking fund or any other fund held by the state for the benefit of common schools is set apart for distribution as other revenues are distributed for the support of the common schools.
[Pre-2006 Education Finance Recodification Citation: 21-1-13-1.]
As added by P.L.2-2006, SEC.29.
Structure Indiana Code
Title 5. State and Local Administration
Article 13. Investment of Public Funds
Chapter 10. Funds Invested by the Treasurer of State
5-13-10-1. Excess Funds; Deposit in Deposit Accounts
5-13-10-2. Deposit Accounts; Interest Rate Requirement
5-13-10-4. Publication of Average Daily Balance of Funds; Audit of Records
5-13-10-5. Interest to Be Receipted to General Fund
5-13-10-6. Payment of Interest Accruing on State Held School Funds to School Corporations