Antique car museum trust fund
Sec. 4. (a) The Indiana antique car museum trust fund is
established.
(b) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public trust funds are invested. Interest that accrues
from these investments shall be deposited in the fund.
(c) The commissioner shall administer the fund. Expenses of
administering the fund shall be paid from money in the fund.
(d) On June 30 of each year the commissioner shall distribute the
money from the fund to the Association of Antique Car Museums of
Indiana.
(e) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.
As added by P.L.118-1998, SEC.20.
Last modified: May 27, 2006