Indiana § 20-40-10-3 - Investments
Full text of Indiana Indiana Code § 20-40-10-3 — Investments, with citation guidance and answers to common questions.
§ 20-40-10-3. Investments
Sec. 3. The chief fiscal officer of a school corporation may invest money in the school corporation's fund in the same manner in which money in the school corporation's education fund or operations fund may be invested. However, any income derived from investment of the money shall be deposited in and becomes a part of the fund.
[Pre-2006 Recodification Citation: 6-1.1-19-1.7(c).]
As added by P.L.2-2006, SEC.163. Amended by P.L.238-2019, SEC.11.
IC 20-40-11Chapter 11. Repealed[2006 Recodification Citations:
20-40-11-1formerly New20-40-11-2formerly 21-2-5.5-120-40-11-3formerly 21-2-5.5-320-40-11-4formerly 21-2-5.5-2 part20-40-11-5formerly 21-2-5.5-2 part20-40-11-6formerly 21-2-5.5-2 part20-40-11-7formerly 21-2-5.5-2 part20-40-11-8formerly 21-2-5.5-2 part20-40-11-9formerly 21-2-5.5-2 part20-40-11-10formerly 21-2-5.5-2 part20-40-11-11formerly 21-2-5.5-420-40-11-12formerly 21-2-5.5-5.]Repealed by P.L.244-2017, SEC.84.
IC 20-40-12Chapter 12. Self-Insurance Fund
20-40-12-1"Fund" 20-40-12-2"Health care services" 20-40-12-3"Self-insurance program" 20-40-12-4Establishment of fund 20-40-12-5Uses 20-40-12-6Transfers to fund 20-40-12-7Balance; nonreverting 20-40-12-8Compliance with chapter; self-insurance programs 20-40-12-9Appeals 20-40-12-10Incurred claim basis
Frequently Asked Questions About Indiana § 20-40-10-3
What does Indiana Code § 20-40-10-3 cover?
Section 20-40-10-3 ("Investments") 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 § 20-40-10-3?
A common citation format is "Indiana Code § 20-40-10-3" (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 § 20-40-10-3 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.