Indiana Native American trust fund
Sec. 4. (a) The Indiana Native American trust fund is established.
(b) The treasurer of state shall invest the money in the Indiana
Native American trust fund not currently needed to meet the
obligations of the Indiana Native American trust fund in the same
manner as other public trust funds are invested. Interest that accrues
from these investments shall be deposited in the Indiana Native
American trust fund.
(c) The commissioner shall administer the Indiana Native
American trust fund. Expenses of administering the Indiana Native
American trust fund shall be paid from money in the Indiana Native
American trust fund.
(d) On June 30 of each year, the commissioner shall distribute the
money from the fund to The Museums At Prophetstown, Inc.
(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.25.
Last modified: May 27, 2006