Indiana Code
Chapter 10.5. State Investments
5-13-10.5-17. Service Charge

Sec. 17. Any public officer of the state that makes a deposit in any deposit or other account may be required to pay a service charge to the depository in which the funds are deposited, if the depository requires all customers to pay the charge for providing that service. If the total service charge cannot be computed before the investment, the investing officer of the state shall estimate the service charge and adjust the interest rate based on this estimate. The service charge may be paid by direct charge to the deposit or other account or in any other manner mutually agreed upon by the investing officer and the depository.
As added by P.L.18-1996, SEC.23.

Structure Indiana Code

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

5-13-10.5-3. Final Maturity; Percentage of Investments Outstanding; Investment Advisers and Money Managers; Investment of Money From Transportation Corridor Fund

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

5-13-10.5-16. Interest From Investments

5-13-10.5-17. Service Charge

5-13-10.5-18. Investment in Capital Improvement Board Obligations; Application; Terms of Investment; Payments to Bid Fund; Discharge of Unpaid Interest Under Certain Conditions

5-13-10.5-19. Investment in Capital Improvement Board Obligations; Repayment Using Restricted Deposits and Certain Tax Revenue; Terms

5-13-10.5-20. Rail Project Financing; Bond Issuance; Lease Back; Term of Bonds; Capital Investment Grant; Expiration