Indiana § 14-39-2-10.5 - Carbon sequestration project program administrative fund; reversion
Full text of Indiana Indiana Code § 14-39-2-10.5 — Carbon sequestration project program administrative fund; reversion, with citation guidance and answers to common questions.
§ 14-39-2-10.5. Carbon sequestration project program administrative fund; reversion
Sec. 10.5. (a) The carbon sequestration project program administrative fund is established for the purpose of defraying the cost of administrative expenses incurred by the department to manage and operate the carbon sequestration project program. The fund shall be administered by the department.
(b) The fund consists of the following:
(1) Money deposited in or distributed to the fund under this article.
(2) Donations, gifts, grants, and money received from any other source, including appropriations or transfers from other funds or accounts.
(c) The expenses of administering the fund shall be paid from money in the fund.
(d) Money in the fund at the end of a state fiscal year does not revert to the state general fund. However, if the amount of money in the fund at the end of a particular fiscal year exceeds seven hundred fifty thousand dollars ($750,000), the treasurer of state shall transfer the excess in the fund to the state general fund.
As added by P.L.213-2025, SEC.141.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 14-39-2-10.5
What does Indiana Code § 14-39-2-10.5 cover?
Section 14-39-2-10.5 ("Carbon sequestration project program administrative fund; reversion") 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 § 14-39-2-10.5?
A common citation format is "Indiana Code § 14-39-2-10.5" (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 § 14-39-2-10.5 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.