Indiana Code 5-2-6.8-7. Transfers from fund
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Sec. 7. On June 30 and December 31 of each year, the treasurer of state shall transfer money from the fund as follows:
(2) The balance in the fund after the transfer of money under subdivision (1) shall be deposited as follows:
(1) Fifty-five percent (55%) of the balance on deposit in the fund or two hundred forty-five thousand dollars ($245,000), whichever is greater, shall be deposited in the domestic violence prevention and treatment fund established under IC 5-2-6.7.
Terms Used In Indiana Code 5-2-6.8-7
- fund: refers to the family violence and victim assistance fund established by this chapter. See Indiana Code 5-2-6.8-2
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(A) One-third (1/3) shall be deposited in the Indiana kids first trust fund established by IC 31-26-4-12.
(B) Two-thirds (2/3) shall be deposited in the victim and witness assistance fund established by IC 5-2-6-14.
As added by P.L.130-2009, SEC.5.