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.