8-2.1-23-4. Money not to revert to state general fund; transfer of excess to motor vehicle highway account

IN Code § 8-2.1-23-4 (2019) (N/A)
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Sec. 4. Money in the motor carrier regulation fund does not revert to the state general fund. However, if the amount of money in the fund at the end of a fiscal year exceeds five hundred thousand dollars ($500,000), the treasurer of state shall transfer the excess from the fund to the motor vehicle highway account established in IC 8-14-1.

As added by P.L.99-1989, SEC.14.