Indiana § 10-17-12-9 - Funding sources; investment; nonreversion

Full text of Indiana Indiana Code § 10-17-12-9 — Funding sources; investment; nonreversion, with citation guidance and answers to common questions.

§ 10-17-12-9. Funding sources; investment; nonreversion

Sec. 9. (a) The fund consists of the following:

(1) Appropriations made by the general assembly.

(2) Donations to the fund.

(3) Interest.

(4) Money transferred to the fund from other funds.

(5) Annual supplemental fees collected under IC 9.

(6) Money from any other source authorized or appropriated for the fund.

(b) The commission shall transfer the money in the fund not currently needed to provide assistance or meet the obligations of the fund to the veterans' affairs trust fund established by IC 10-17-13-3.

(c) Money in the fund at the end of a state fiscal year does not revert to the state general fund or to any other fund.

(d) There is annually appropriated to the commission for the purposes of this chapter all money in the fund not otherwise appropriated to the commission for the purposes of this chapter.

(e) The department may use not more than an amount equal to:

(1) the average annual amount of license plate revenue deposited into the fund as determined using the three (3) previous state fiscal years; multiplied by

(2) ten percent (10%);

to cover direct costs associated with the marketing and promotion of the fund in a particular state fiscal year. The department may not use any of this amount for administrative costs, including payroll or any other overhead expenses.

As added by P.L.58-2006, SEC.8. Amended by P.L.144-2007, SEC.13; P.L.50-2009, SEC.7; P.L.113-2010, SEC.78; P.L.198-2016, SEC.635; P.L.53-2021, SEC.4.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 10-17-12-9

What does Indiana Code § 10-17-12-9 cover?

Section 10-17-12-9 ("Funding sources; investment; nonreversion") 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 § 10-17-12-9?

A common citation format is "Indiana Code § 10-17-12-9" (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 § 10-17-12-9 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.