Indiana Code
Chapter 9. Deposit and Investment Powers
5-13-9-9. Prohibited Acts

Sec. 9. An officer designated in section 1 of this chapter may not do the following:
(1) Purchase securities on margin.
(2) Open a securities margin account for the investment of public funds.
As added by P.L.72-1995, SEC.5.

Structure 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 Repealed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 Repealed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