Indiana Code 14-9-5-2. Revolving funds
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Terms Used In Indiana Code 14-9-5-2
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- fund: refers to the revolving fund of a division. See Indiana Code 14-9-5-1
Sec. 2. All money accruing to the use of a division, other than a regular or specific appropriation made by the general assembly, is considered to constitute a revolving fund for the use of the division.
[Pre-1995 Recodification Citation: 14-3-1-18 part.]
As added by P.L.1-1995, SEC.2.