Indiana Code
Article 42. Fiduciary Funds and Accounts
Chapter 2. County Administration of Congressional Township School Fund

20-42-2-1. Application - Sec. 1. This chapter applies to a county that has...

20-42-2-2. "Fund" - Sec. 2. As used in this chapter, "fund" refers to...

20-42-2-3. Sources of Fund - Sec. 3. The fund derived from the sale of congressional...

20-42-2-4. Prohibition on Reducing Principal of Fund - Sec. 4. The fund shall never be diminished in amount....

20-42-2-4.5. Transfer of Custody of Fund Balance to State - Sec. 4.5. (a) A county council may adopt a resolution...

20-42-2-5. County Liability for Fund - Sec. 5. A county shall be held liable for the:...

20-42-2-6. Deposit of Interest in Fund - Sec. 6. The payment of annual interest must be full...

20-42-2-7. Annual Distribution of Balance to School Corporations - Sec. 7. The county auditor of each county or the...

20-42-2-8. Report to Secretary of Education - Sec. 8. The county auditor or treasurer of state shall...

20-42-2-9. Distributions Proportional to Balance Deposited in Fund From Township - Sec. 9. The income of the fund belonging to any...

20-42-2-10. Loans; Required Interest Rate - Sec. 10. The: (1) principal belonging to the fund; and...

20-42-2-11. Minimum Balance; Loans; Maximum Term - Sec. 11. In a county where the total amount in...

20-42-2-12. Form of Loan Agreement - Sec. 12. (a) If a county council borrows funds under...

20-42-2-13. Distribution of Loaned Amount From Fund - Sec. 13. After the obligation is deposited with the county...

20-42-2-14. Investments - Sec. 14. (a) If the funds remain in the county...

20-42-2-15. Receipts for Payment of Principal or Interest on Loan - Sec. 15. All payments of principal or interest must be...