CHAPTER 2. NONREVERTING APPROPRIATIONS

IC 5-1-2
    Chapter 2. Nonreverting Appropriations

IC 5-1-2-1
Specific projects; lapse
    Sec. 1. Appropriations of money from the capital projects fundand proceeds of bonds, notes, and other written obligations issued byor in the name of any:
        (1) county, township, city, incorporated town;
        (2) school corporation or state educational institution; or
        (3) other political, municipal, public or quasi-publiccorporation, special assessment or taxing district, or anyauthorized body of that corporation or district;
for a specific project shall not lapse at the end of the year in whichthe appropriation was made, but shall remain in full force and effectwithout reappropriation until the purpose for which the appropriationwas made has been accomplished or abandoned.
(Formerly: Acts 1967, c.150, s.1.) As amended by P.L.47-1989,SEC.1; P.L.41-1993, SEC.2; P.L.2-2007, SEC.65.