16-44-3-10. Motor fuel inspection fund

IN Code § 16-44-3-10 (2019) (N/A)
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Sec. 10. (a) The motor fuel inspection fund is established for the purpose of facilitating compliance with and enforcement of this chapter. The state department shall administer the fund.

(b) The fund consists of the fees collected under section 9 of this chapter.

(c) The expenses of administering the fund shall be paid from the money in the fund.

(d) 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 funds may be invested. Interest that accrues from these investments shall be deposited in the fund.

(e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.

[Pre-1993 Recodification Citation: 16-6-13-13.]

As added by P.L.2-1993, SEC.27.