Sec. 1. The state treasury is composed of:

(1) all moneys collected under any law of this state providing for the collection of revenue for state purposes;

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Terms Used In Indiana Code 4-8.1-1-1

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Public debt: Cumulative amounts borrowed by the Treasury Department or the Federal Financing Bank from the public or from another fund or account. The public debt does not include agency debt (amounts borrowed by other agencies of the Federal Government). The total public debt is subject to a statutory limit.
(2) all moneys borrowed on the credit of the state by the treasurer of state or any other authorized agent of the state;

(3) all moneys derived from the sale of property belonging to or held in trust by the state;

(4) all moneys and securities belonging to, lent to, or held in trust by the state, where no other disposition of them is required by law;

(5) all income derived in any manner from any money or property specified in this section;

(6) every fee, perquisite, or bonus received by any state officer in the discharge of the state officer’s duties;

(7) all dividends arising from bank or other stock appropriated to the payment of any part of the interest on the public debt; and

(8) all moneys from any source paid, belonging, or accruing to the state for the use of the state or to a state fund for any purpose.

As added by Acts 1979, P.L.22, SEC.1. Amended by P.L.215-2016, SEC.55.