CHAPTER 48. RILEY CHILDREN'S FOUNDATION LICENSE PLATES
IC 9-18-48
Chapter 48. Riley Children's Foundation License Plates
IC 9-18-48-1
Design and issuance of plates
Sec. 1. The bureau shall design and issue a Riley Children'sFoundation license plate. The Riley Children's Foundation licenseplate shall be designed and issued as a special group recognitionlicense plate under IC 9-18-25.
As added by P.L.54-2004, SEC.4.
IC 9-18-48-2
Eligibility
Sec. 2. After January 1, 2005, a person who is eligible to registera vehicle under this title is eligible to receive a Riley Children'sFoundation license plate under this chapter upon doing thefollowing:
(1) Completing an application for a Riley Children's Foundationlicense plate.
(2) Paying the fees under section 3 of this chapter.
As added by P.L.54-2004, SEC.4.
IC 9-18-48-3
Fees
Sec. 3. (a) The fees for a Riley Children's Foundation license plateare as follows:
(1) The appropriate fee under IC 9-29-5-38(a).
(2) An annual fee of twenty-five dollars ($25).
(b) The annual fee described in subsection (a)(2) shall becollected by the bureau.
(c) The annual fee described in subsection (a)(2) shall bedeposited in the Riley Children's Foundation trust fund establishedby section 4 of this chapter.
As added by P.L.54-2004, SEC.4.
IC 9-18-48-4
Riley Children's Foundation trust fund
Sec. 4. (a) The Riley Children's Foundation trust fund isestablished.
(b) The treasurer of state shall invest the money in the RileyChildren's Foundation trust fund not currently needed to meet theobligations of the Riley Children's Foundation trust fund in the samemanner as other public trust funds are invested. Interest that accruesfrom these investments shall be deposited in the Riley Children'sFoundation trust fund. Money in the fund is continuouslyappropriated for the purposes of this section.
(c) The commissioner shall administer the Riley Children'sFoundation trust fund. Expenses of administering the RileyChildren's Foundation trust fund shall be paid from money in theRiley Children's Foundation trust fund. (d) On June 30 of each year, the commissioner shall distribute themoney from the Riley Children's Foundation trust fund to the RileyChildren's Foundation.
(e) Money in the fund at the end of a state fiscal year does notrevert to the state general fund.
As added by P.L.54-2004, SEC.4.