Sec. 19. (a) The Little Calumet River project development fund is created. The commission shall make expenditures from the fund only to accomplish the purposes of this chapter.

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Terms Used In Indiana Code 14-13-2-19

  • commission: refers to the Little Calumet River basin development commission created by this chapter. See Indiana Code 14-13-2-2
  • 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.
  • fund: refers to the Little Calumet River project development fund created by this chapter. See Indiana Code 14-13-2-3
     (b) The commission shall do the following:

(1) Hold the fund in the name of the commission.

(2) Administer the fund.

(3) Make all expenditures from the fund.

     (c) The money in the fund at the end of a fiscal year remains in the fund and does not revert to any other fund.

[Pre-1995 Recodification Citation: 14-6-29.5-8.]

As added by P.L.1-1995, SEC.6.