Indiana Code
Chapter 15.1. Next Level Indiana Trust Fund
8-14-15.1-13. Trust Distributions of Principal Prohibited; Income From Trust Investments Distributed to the Major Moves Construction Fund at Discretion of the Trustee

Sec. 13. (a) The principal of the trust may not be distributed during the term of the trust.
(b) The income that accrues from the investment of the trust shall be deposited in the trust.
(c) On March 15 in years set forth in the investment policy adopted by the board, the treasurer of state shall transfer all income accruing to the trust to the major moves construction fund.
As added by P.L.217-2017, SEC.69.

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