Indiana § 21-7-15-4 - Fund investment
Full text of Indiana Indiana Code § 21-7-15-4 — Fund investment, with citation guidance and answers to common questions.
§ 21-7-15-4. Fund investment
Sec. 4. The fund or any part of the fund may be invested in securities bearing the rate of interest that is obtainable as follows:
(1) In bonds, notes, or certificates that are the obligations of, or guaranteed by, the United States.
(2) In:
(A) bonds of any territory or insular possession of the United States;
(B) bonds, notes, warrants, certificates, or orders of the state of Indiana; or
(C) any political subdivision, instrumentality, or agency of the state of Indiana;
issued under authority of law.
[Pre-2007 Higher Education Recodification Citation: 21-7-11-3(a).]
As added by P.L.2-2007, SEC.245.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 21-7-15-4
What does Indiana Code § 21-7-15-4 cover?
Section 21-7-15-4 ("Fund investment") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 21-7-15-4?
A common citation format is "Indiana Code § 21-7-15-4" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 21-7-15-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.