Indiana Code 15-11-9-4. Value added research fund
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style=”font-size: 10pt”> Sec. 4. (a) The value added research fund is established to provide money for:
(1) the center for value added research; and
Terms Used In Indiana Code 15-11-9-4
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(2) the director to carry out the duties specified under this chapter.
(b) The director shall administer the fund.
(c) The fund consists of money appropriated by the general assembly.
(d) 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.
(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
[Pre-2008 Recodification Citation: 21-46-2-4.]
As added by P.L.2-2008, SEC.2.