Indiana § 15-18-5-28 - Assessment fund; uses

Full text of Indiana Indiana Code § 15-18-5-28 — Assessment fund; uses, with citation guidance and answers to common questions.

§ 15-18-5-28. Assessment fund; uses

Sec. 28. (a) The board shall establish and administer a fund for assessments received under this chapter. The fund is not a part of the state treasury.

(b) The board shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested. Interest that accrues from these investments shall be deposited in the fund.

(c) The board shall use the money in the fund to implement this chapter.

(d) The board may not use money in the fund to establish a program of its own but shall fund an active, ongoing, qualified program in Indiana as stated in 7 U.S.C. 4505 and the regulations adopted under that law. A qualified program that receives money under this subsection may use the money to jointly sponsor projects with any private or public organization for any of the following:

(1) Advertising and promotion.

(2) Market research.

(3) Nutrition and product research and development.

(4) Nutrition and educational programs.

(5) Any other activity to meet the objectives of this chapter.

[Pre-2008 Recodification Citation: 15-6-4-28.1.]

As added by P.L.2-2008, SEC.9.

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

Frequently Asked Questions About Indiana § 15-18-5-28

What does Indiana Code § 15-18-5-28 cover?

Section 15-18-5-28 ("Assessment fund; uses") 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 § 15-18-5-28?

A common citation format is "Indiana Code § 15-18-5-28" (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 § 15-18-5-28 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.