Sec. 5. (a) The coal technology research fund is established to provide money for the center and for the Indiana office of energy development to carry out the duties specified under this chapter. The office of energy development shall administer the fund.
(b) The fund consists of the following:
(1) Money appropriated or otherwise designated or dedicated by the general assembly.
(2) Gifts, grants, and bequests.
(c) 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 the treasurer may invest other public funds.
(d) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
[Pre-2007 Higher Education Recodification Citation: 4-4-30-8.]
As added by P.L.2-2007, SEC.288. Amended by P.L.34-2013, SEC.17.
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