CHAPTER 14. STATE LICENSE BRANCH FUND

IC 9-29-14
    Chapter 14. State License Branch Fund

IC 9-29-14-1
Establishment; purpose; administration by commission
    Sec. 1. The state license branch fund is established for the purposeof paying the expenses incurred in administering IC 9-16. The fundshall be administered by the commission.
As added by P.L.2-1991, SEC.17.

IC 9-29-14-2
Investment of fund money
    Sec. 2. The treasurer of state shall invest the money in the fundnot currently needed to meet the obligations of the fund in the samemanner as other public funds may be invested.
As added by P.L.2-1991, SEC.17.

IC 9-29-14-3
End of fiscal year; no reversion of money to state general fund
    Sec. 3. Money in the fund at the end of a state fiscal year does notrevert to the state general fund.
As added by P.L.2-1991, SEC.17.

IC 9-29-14-4
Appropriation; approval of budget agency
    Sec. 4. There is annually appropriated to the commission themoney in the fund for its use in carrying out the purposes of IC 9-16subject to the approval of the budget agency.
As added by P.L.2-1991, SEC.17.

IC 9-29-14-5
Constituent parts of fund; service charges; appropriations or othersources of money
    Sec. 5. The fund consists of the following:
        (1) Service charges collected by license branches.
        (2) Money received from any other source, includingappropriations.
As added by P.L.2-1991, SEC.17.