IC 14-22-4
    Chapter 4. Lifetime Hunting, Fishing, and Trapping License TrustFund

IC 14-22-4-1
"Fund" defined
    Sec. 1. As used in this chapter, "fund" refers to the lifetimehunting, fishing, and trapping license trust fund established by thischapter.
As added by P.L.1-1995, SEC.15. Amended by P.L.17-1997, SEC.2.

IC 14-22-4-2
Establishment of fund
    Sec. 2. The lifetime hunting, fishing, and trapping license trustfund is established.
As added by P.L.1-1995, SEC.15. Amended by P.L.17-1997, SEC.3.

IC 14-22-4-3
Administration of fund
    Sec. 3. The department shall administer the fund.
As added by P.L.1-1995, SEC.15.

IC 14-22-4-4
Gifts
    Sec. 4. The department may accept gifts to enrich the fund. Theproceeds of the gifts shall be deposited in the fund.
As added by P.L.1-1995, SEC.15.

IC 14-22-4-5
Investments
    Sec. 5. The treasurer of state shall invest the money in the fund inthe same manner as the money in the state general fund. Thetreasurer of state shall deposit the proceeds from the investmentearnings in the fund.
As added by P.L.1-1995, SEC.15.

IC 14-22-4-6
Purpose of fund
    Sec. 6. (a) On July 1 of each year:
        (1) all of the accumulated earnings in the fund; plus
        (2) two and one-half percent (2 1/2%) of the money in the fund,less the accumulated earnings;
shall be transferred to the fish and wildlife fund to maintain theautomated point of sale licensing system implemented underIC 14-22-12-7.5. Any unused part of the transfer under thissubsection may be used for the other purposes specified inIC 14-22-3-5(a).
    (b) The director:
        (1) with the approval of the commission;
        (2) with the approval of the budget agency; and        (3) after review by the budget committee;
may use money in the fund to acquire real property that will be usedand managed for hunting and fishing. The money used under thissubsection to acquire real property may not exceed fifty percent(50%) of the appraised value of the real property.
    (c) The money in the fund may be used only for the purposesauthorized in this section.
As added by P.L.1-1995, SEC.15. Amended by P.L.186-2003,SEC.58; P.L.132-2006, SEC.1.

IC 14-22-4-7
Reversion of money not provided for
    Sec. 7. Money in the fund at the end of a state fiscal year does notrevert to the state general fund.
As added by P.L.1-1995, SEC.15.