8-1.5-5-8. Fixing and setting aside revenues

IN Code § 8-1.5-5-8 (2019) (N/A)
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Sec. 8. The board may fix and set aside:

(1) revenues of the department necessary for reasonable and proper operation and maintenance;

(2) revenues for a proper and adequate depreciation account; and

(3) revenues to be applied to the payment of the principal and interest of the authorized bonds.

As added by P.L.125-1987, SEC.1.