5-13-11-5. Interest or accretion

IN Code § 5-13-11-5 (2019) (N/A)
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Sec. 5. The depository shall credit any interest or other accretion from an investment to the investment account of the political subdivision. The interest or accretion becomes a part of the principal in that account.

As added by P.L.19-1987, SEC.13.