IC 5-13-6
    Chapter 6. Deposit of Public Funds

IC 5-13-6-1
Procedure for deposit of public funds
    Sec. 1. (a) All public funds paid into the treasury of the state orthe treasuries of the respective political subdivisions shall bedeposited not later than the business day following the receipt offunds on business days of the depository in one (1) or moredepositories in the name of the state or political subdivision by theofficer having control of the funds.
    (b) Except as provided in subsections (d), (f), and (g), all publicfunds collected by state officers, other than the treasurer of state,shall be deposited with the treasurer of state, or an approveddepository selected by the treasurer of state not later than thebusiness day following the receipt of the funds. The treasurer of stateshall deposit daily on business days of the depository all public fundsdeposited with the treasurer of state. Deposits do not relieve any stateofficer from the duty of maintaining a cashbook under IC 5-13-5-1.
    (c) Except as provided in subsection (d), all local officers, excepttownship trustees, who collect public funds of their respectivepolitical subdivisions, shall deposit funds not later than the businessday following the receipt of funds on business days of the depositoryin the depository or depositories selected by the several local boardsof finance that have jurisdiction of the funds. The public fundscollected by township trustees shall be deposited in the designateddepository on or before the first and fifteenth day of each month.Public funds deposited under this subsection shall be deposited in thesame form in which they were received.
    (d) A city (other than a consolidated city) or a town shall depositfunds not later than the next business day following the receipt of thefunds in depositories:
        (1) selected by the city or town as provided in an ordinanceadopted by the city or the town; and
        (2) approved as depositories of state funds.
    (e) All local investment officers shall reconcile at least monthlythe balance of public funds, as disclosed by the records of the localofficers, with the balance statements provided by the respectivedepositories.
    (f) An office of:
        (1) the department of natural resources; or
        (2) the department of state revenue;
that is detached from the main office of the department is notrequired to deposit funds on the business day following receipt if thefunds on hand do not exceed one hundred dollars ($100). However,the office must deposit the funds on hand not later than the businessday following the day that the funds exceed one hundred dollars($100).
    (g) An office of the legislative branch of state government is notrequired to deposit funds on the business day following receipt if the

funds on hand do not exceed one hundred dollars ($100). However,the office must deposit the funds on hand not later than the businessday following the day that the funds exceed one hundred dollars($100).
As added by P.L.19-1987, SEC.8. Amended by P.L.45-1990, SEC.1;P.L.45-1991, SEC.1; P.L.18-1994, SEC.3; P.L.18-1996, SEC.6;P.L.10-1997, SEC.7; P.L.35-1999, SEC.4; P.L.234-2007, SEC.295.

IC 5-13-6-2
Fees collected for services rendered
    Sec. 2. In all cases where law provides that any state officercollects any fee for any service rendered or examination made, andthe fee collected is appropriated to pay the salary, per diem, or theexpenses of any state officer for rendering the service or making theexamination, the state officer shall deposit the fees, under section 1of this chapter, and the salary, per diem, and expenses on account ofthe services shall be paid out of the state treasury upon an accountfiled and approved as provided by law. The salary, per diem, andexpenses must not exceed the fees collected and paid into the statetreasury unless otherwise provided by law.
As added by P.L.19-1987, SEC.8.

IC 5-13-6-3
Taxes collected by county treasurer; deposit; advance to politicalsubdivisions; semiannual distribution
    Sec. 3. (a) All taxes collected by the county treasurer shall bedeposited as one (1) fund in the several depositories selected for thedeposit of county funds and, except as provided in subsection (b),remain in the depositories until distributed at the followingsemiannual distribution made by the county auditor.
    (b) Every county treasurer who, by virtue of the treasurer's office,is the collector of any taxes for any political subdivision wholly orpartly within the county shall, not later than thirty (30) days afterreceipt of a written request for funds filed with the treasurer by aproper officer of any political subdivision within the county, advanceto that political subdivision a portion of the taxes collected before thesemiannual distribution. The amount advanced may not exceed thelesser of:
        (1) ninety-five percent (95%) of the total amount collected atthe time of the advance; or
        (2) ninety-five percent (95%) of the amount to be distributed atthe semiannual distribution.
    (c) Upon notice from the county treasurer of the amount to beadvanced, the county auditor shall draw a warrant upon the countytreasurer for the amount. The amount of the advance must beavailable immediately for the use of the political subdivision.
    (d) At the semiannual distribution all the advances made to anypolitical subdivision under subsection (b) shall be deducted from thetotal amount due any political subdivision as shown by thedistribution.    (e) If a county auditor fails to make a distribution of taxcollections by the deadline for distribution under subsection (b), apolitical subdivision that was to receive a distribution may recoverinterest on the undistributed tax collections under IC 6-1.1-27-1.
As added by P.L.19-1987, SEC.8. Amended by P.L.245-2003, SEC.1;P.L.146-2008, SEC.38; P.L.89-2010, SEC.1.

IC 5-13-6-4
Support payments; clerk of circuit court may elect not to followaccounting and depository procedure prescribed; prenumberedreceipts and support cashbook
    Sec. 4. (a) Notwithstanding section 1 of this chapter, the clerk ofa circuit court, in accounting for and disbursing support paymentsmade through the clerk in accordance with IC 31-14-11-11 orIC 31-16-9 (or IC 31-1-11.5-13 or IC 31-6-6.1-16 before their repeal)may elect not to follow the accounting and depository proceduresrequired by this chapter.
    (b) If the clerk of a circuit court elects under subsection (a) not tofollow the accounting and depository procedures required by thischapter, the clerk shall issue prenumbered receipts and keep asupport cashbook for daily entry, by item, of all receipts anddisbursements of support payments made through the clerk. Thesupport receipts and cashbook are public records to be kept on formsprescribed by the state board of accounts, and shall be balanceddaily.
As added by P.L.19-1987, SEC.8. Amended by P.L.65-1989, SEC.1;P.L.1-1997, SEC.35.