Indiana Code 8-25-7-4. Use of money collected by foundation
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Sec. 4. A foundation established under section 3 of this chapter:
(1) shall use money received under section 3 of this chapter to:
(A) fund in part a public transportation project authorized under this article as required by IC 8-25-3-6(a); and
(B) carry out the purposes and programs of the foundation under this chapter; and
(2) may deposit money received under section 3 of this chapter in an account or fund that is:
(A) administered by the foundation; and
(B) not part of the state or county treasury.
As added by P.L.153-2014, SEC.17.