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    • Legislation USA
    • Indiana Code
    • Title 5. State and Local Administration
    • Article 28. Indiana Economic Development Corporation
    • Chapter 41. Regional Economic Acceleration and Development Initiative (Readi)
    • 5-28-41-10. Investment of Money in the Fund

    Indiana Code
    Chapter 41. Regional Economic Acceleration and Development Initiative (Readi)
    5-28-41-10. Investment of Money in the Fund

    Sec. 10. The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the state general fund. Interest from loans made under this chapter shall be deposited in the fund.
    As added by P.L.165-2021, SEC.64.

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    Structure Indiana Code

    Indiana Code

    Title 5. State and Local Administration

    Article 28. Indiana Economic Development Corporation

    Chapter 41. Regional Economic Acceleration and Development Initiative (Readi)

    5-28-41-1. "Development Authority"

    5-28-41-2. "Eligible Regional Economic Acceleration and Development Organization"

    5-28-41-3. "Fund"

    5-28-41-4. "Qualified Nonprofit Organization"

    5-28-41-5. "Readi"

    5-28-41-6. "Regional Economic Acceleration and Development Strategy"

    5-28-41-7. Readi Fund; Purposes

    5-28-41-8. Fund Contents

    5-28-41-9. Administration of the Fund

    5-28-41-10. Investment of Money in the Fund

    5-28-41-11. Reversion

    5-28-41-12. Powers of the Board

    5-28-41-13. Authorization to Form a Strategic Review Committee

    5-28-41-14. Required Considerations and Findings in Review of an Application

    5-28-41-15. Application Process

    5-28-41-16. Policy Framework for a Readi Program; Approval by the Board; Review by the Budget Committee

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