Sec. 4. (a) The Indiana arts commission trust fund is established to support the programs and the administrative budget of the commission.

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Terms Used In Indiana Code 4-23-2.5-4

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • commission: refers to the Indiana arts commission established by IC 4-23-2. See Indiana Code 4-23-2.5-2
  • fund: refers to the Indiana arts commission trust fund established by section 4 of this chapter. See Indiana Code 4-23-2.5-3
     (b) The fund consists of the following:

(1) Appropriations of the general assembly from revenue sources determined by the general assembly and in an amount determined by the general assembly.

(2) Donations to the fund from public or private sources.

(3) Interest and dividends on assets of the fund.

(4) Money transferred to the fund from other funds.

(5) Fees from the Indiana arts trust license plate issued under IC 9-18-41 (before its expiration) or IC 9-18.5-20.

(6) Money from other sources that the commission may acquire.

As added by P.L.29-1997, SEC.1. Amended by P.L.118-1998, SEC.1; P.L.133-2012, SEC.11; P.L.198-2016, SEC.8.

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