Indiana § 14-20-16-2 - Governors' portraits fund; use
Full text of Indiana Indiana Code § 14-20-16-2 — Governors' portraits fund; use, with citation guidance and answers to common questions.
§ 14-20-16-2. Governors' portraits fund; use
Sec. 2. (a) The governors' portraits fund is established as a dedicated fund to be administered by the Indiana state museum and historic sites corporation (IC 4-37-2-1). Money in the fund may be expended by the chief executive officer of the Indiana state museum and historic sites corporation exclusively for the preservation and exhibition of the state owned portraits of former governors of Indiana.
(b) The proceeds from the sale of items as directed by law or by the chief executive officer of the Indiana state museum and historic sites corporation, from gifts of money or the proceeds from the sale of gifts donated to the fund, and from investment earnings from any portion of the fund, shall be deposited in the governors' portraits fund.
(c) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested.
(d) All money accruing to the governors' portraits fund is continuously allotted and appropriated for the purposes specified in this section.
(e) Money in the fund at the end of the fiscal year does not revert to the state general fund.
As added by P.L.69-2009, SEC.6. Amended by P.L.167-2011, SEC.28.
IC 14-20-17Chapter 17. Legacy Project
14-20-17-1Establishment of legacy project; location
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 14-20-16-2
What does Indiana Code § 14-20-16-2 cover?
Section 14-20-16-2 ("Governors' portraits fund; use") 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 § 14-20-16-2?
A common citation format is "Indiana Code § 14-20-16-2" (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 § 14-20-16-2 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.