Indiana Code 8-14-15.1-16. Report to budget committee
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Terms Used In Indiana Code 8-14-15.1-16
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- board: refers to the next level Indiana fund investment board established by section 7 of this chapter. See Indiana Code 8-14-15.1-2
- trust: refers to the next level Indiana trust fund established under section 5 this chapter. See Indiana Code 8-14-15.1-3
- Trustee: A person or institution holding and administering property in trust.
- trustee: refers to the trustee of the trust designated under sections 7 and 9 of this chapter. See Indiana Code 8-14-15.1-4
Sec. 16. The trustee shall report to the budget committee every six (6) months concerning the investment of trust assets, the returns on those investments, and other actions taken by the trustee and the board.
As added by P.L.217-2017, SEC.69.