Sec. 13. The municipal legislative body may, by ordinance, authorize officers charged by law with custodial care, expenditure, and investment of utility money to invest or reinvest surplus money of a utility in the manner prescribed by IC 5-13-9.
As added by Acts 1982, P.L.74, SEC.1. Amended by P.L.19-1987, SEC.20.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 1.5. Municipal Utilities
Chapter 3. Operation of Municipally Owned Utilities Generally
8-1.5-3-1. Application of Chapter
8-1.5-3-3.3. Legalization of Certain Utility Service Boards
8-1.5-3-4. Board; Powers and Duties
8-1.5-3-4.5. Application of Section; Bid, Proposal, or Quotation Submitted by Trust
8-1.5-3-5. Superintendent; Powers and Duties; Compensation; Bond; Removal
8-1.5-3-6. Load Building Appliances; Purchase; Sale and Advertisement
8-1.5-3-8.1. Hearings; Adoption of Rates and Charges; Notice; Contents
8-1.5-3-8.2. Objections to Rates and Charges; Bonds; Hearings
8-1.5-3-8.3. Objection to Extraterritorial Rates and Charges; Review by Commission
8-1.5-3-9.5. Return of Utility to Commission Jurisdiction Following Removal
8-1.5-3-10. Rates and Charges; Electric Service Outside Corporate Boundaries
8-1.5-3-12. Loan From Utility to Municipality; Loan Requirements; Limitation on Amount
8-1.5-3-13. Investments of Surplus Money; Authorization of Officers
8-1.5-3-14. Annual Report; Exemption; Examination of Accounts
8-1.5-3-15. Utilities Operated Under Ic 8-1-11.1; Rights and Powers