Sec. 13. (a) The funeral service education fund is established for the following purposes:

(1) To supplement the funding for a program of inspection administered by the funeral director, consumer, and Indiana department of health members of the board under section 9 of this chapter.

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Terms Used In Indiana Code 25-15-9-13

  • 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.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) To fund educational projects of the funeral director, consumer, and Indiana department of health members of the board directed toward funeral directors and embalmers.

(3) To carry out the duties of the board.

     (b) The fund shall be administered by the funeral director, consumer, and Indiana department of health members of the board.

     (c) 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.

     (d) Money in the fund at the end of a state fiscal year does not revert to the state general fund. If the amount of money in the fund at the close of a fiscal year exceeds forty thousand dollars ($40,000), the treasurer of state shall transfer the excess from the fund into the state general fund.

As added by P.L.48-1991, SEC.31. Amended by P.L.2-1992, SEC.771; P.L.112-2014, SEC.24; P.L.56-2023, SEC.229.

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