Indiana Code 6-8-1-28. Reversion of oil and gas fund
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Terms Used In Indiana Code 6-8-1-28
- 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.
- oil: means petroleum that maintains a liquid state at atmospheric conditions. See Indiana Code 6-8-1-5
Sec. 28. No part of the oil and gas fund reverts to the general fund of the state at the close of any fiscal year.
As added by P.L.109-1988, SEC.18.