Sec. 7. Thirty-three percent (33%) of the money in the excise fund shall, upon warrant of the state auditor, be paid into the general fund of the treasury of the city or town in which the retailer's or dealer's licensed premises are located. The money shall be paid to the treasurer of the county in which the retailer's or dealer's premises are located if they are located outside the corporate limits of a city or town.
[Pre-1973 Recodification Citation: 7-1-1-41(f).]
Formerly: Acts 1973, P.L.55, SEC.1. As amended by P.L.224-2005, SEC.27.
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