Indiana Code
Chapter 9. Deposit and Investment Powers
5-13-9-1. Investment Powers; Funds That May Be Invested

Sec. 1. (a) Except as provided in subsection (b), in addition to any other statutory power to make investments, each county treasurer and each fiscal officer of any political subdivision other than a county, under the guidelines established, respectively, by the board of county commissioners of each county and the fiscal body of any other subdivision, and any other officer of a local government entity authorized by statute or court order to make investments, may invest any funds held by each in accordance with this chapter.
(b) The treasurer of state may invest funds under sections 2(a)(3) and 2.5 of this chapter.
(c) The funds that may be invested under this chapter include money raised by bonds issued for a future specific purpose, sinking funds, depreciation reserve funds, gift, bequest or endowment, and any other funds available for investment.
As added by P.L.19-1987, SEC.11. Amended by P.L.18-1996, SEC.11; P.L.134-1999, SEC.1; P.L.220-2003, SEC.1; P.L.102-2014, SEC.1.

Structure Indiana Code

Indiana Code

Title 5. State and Local Administration

Article 13. Investment of Public Funds

Chapter 9. Deposit and Investment Powers

5-13-9-0.3. Legalization of Investment in Certain Public Funds

5-13-9-0.4. Legalization of Certain Investment of Public Funds

5-13-9-1. Investment Powers; Funds That May Be Invested

5-13-9-2. Investment of Funds Held in Securities; Cost in Excess of Par; Protecting Interest in Funds Invested; Legal Custodians; Safekeeping Receipts

5-13-9-2.4. Repealed

5-13-9-2.5. Permitted Investments; Limitations

5-13-9-3. Repurchase Agreements; Funds Held by Officer and Available for Investment; Obligations Held as Collateral

5-13-9-3.3. Investment of Funds in Obligations Issued, Assumed, or Guaranteed by International Bank for Reconstruction and Redevelopment or African Development Bank

5-13-9-3.5. Investment and Reinvestment of Funds; Participation in Loans; Lending Securities

5-13-9-4. Deposit, Investment, or Reinvestment of Funds in Transaction Accounts; Certificates of Deposit; Deposit Accounts

5-13-9-5. Authorization to Invest in Certificates of Deposit; Quotes From Depositories

5-13-9-5.3. Authorization to Invest in Interest Bearing Deposit Accounts; Conditions; Exemption From Security or Pledging Requirements

5-13-9-5.6. Final Maturity; Investment Policy

5-13-9-5.7. Political Subdivision Investment Policy

5-13-9-6. Interest Received From Investment; Deposit; Receipt; Reinvestment; Disposition

5-13-9-7. Repealed

5-13-9-8. Service Charges; Consideration in Computing Interest Rate; Payment by Direct Charge or From Interest Earned; Reporting by Political Subdivision

5-13-9-8.5. Designation as Public Funds

5-13-9-9. Prohibited Acts

5-13-9-10. County Joint Investment Fund; Participating Political Subdivisions; Written Master Agreement; Administration of Board; Interest Payments

5-13-9-11. Local Government Investment Pool