Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 50. DEPARTMENT OF LOCAL GOVERNMENT FINANCE |
Article 50IAC9. CAPITAL PROJECTS FUND |
Rule 50IAC9-2. Library Capital Projects Fund |
Section 50IAC9-2-9. Interest
Latest version.
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Interest on the capital projects fund, including the fund's pro rata share of interest earned on the investment of total money on deposit, shall be deposited in the fund. The library board may allocate the interest among the accounts within the fund. (Department of Local Government Finance; 50 IAC 9-2-9; filed Sep 21, 1990, 3:30 p.m.: 14 IR 257)
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