Sec. 10. A public officer of the state may invest or reinvest funds that are held by the public officer and available for investment in United States dollar denominated obligations issued, assumed, or guaranteed as to the payment of principal and interest by:
(1) supranational issuers having the highest investment credit rating by at least two (2) nationally recognized credit rating agencies; or
(2) the State of Israel.
As added by P.L.18-1996, SEC.23. Amended by P.L.220-2003, SEC.4; P.L.102-2014, SEC.3.
Structure Indiana Code
Title 5. State and Local Administration
Article 13. Investment of Public Funds
Chapter 10.5. State Investments
5-13-10.5-0.3. Legalization of Certain Actions
5-13-10.5-1. Applicability of Chapter
5-13-10.5-2. Authorization for Investment and Reinvestment of Funds
5-13-10.5-4. Protection of Interests of Funds
5-13-10.5-5. Legal Custodian; Safekeeping Receipts
5-13-10.5-6. Restrictions on Public Officers
5-13-10.5-7. Investment in Securities; Cost in Excess of Par
5-13-10.5-8. Investment in Deposit Accounts
5-13-10.5-9. Investment in Repurchase or Resale Agreements; Collateral
5-13-10.5-10. Investment in Obligations Issued; Assumed or Guaranteed by Supranational Issuers
5-13-10.5-11. Investment in Other Obligations
5-13-10.5-11.5. Treasurer of State May Invest
5-13-10.5-12. Investment in Participations in Loans
5-13-10.5-13. Lending Securities
5-13-10.5-14. Designation of Fund
5-13-10.5-15. Public Depository Insurance Assessment