Indiana § 20-42-1-9 - Required transfer of revenue to state
Full text of Indiana Indiana Code § 20-42-1-9 — Required transfer of revenue to state, with citation guidance and answers to common questions.
§ 20-42-1-9. Required transfer of revenue to state
Sec. 9. (a) This section does not apply to a fund entrusted to a county before November 1, 1851.
(b) Loans may not be made of the principal of the common school funds held in trust by the several counties of the state. Each county auditor and treasurer shall forward semiannually all payments made and all interest collected on any loan made before March 7, 1953, by any county from the fund, to the treasurer of state. The amount transferred to the treasurer of state must be held under IC 20-49-3.
[Pre-2006 Recodification Citation: 21-1-10-1.]
As added by P.L.2-2006, SEC.165.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-42-1-9
What does Indiana Code § 20-42-1-9 cover?
Section 20-42-1-9 ("Required transfer of revenue to state") 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 § 20-42-1-9?
A common citation format is "Indiana Code § 20-42-1-9" (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 § 20-42-1-9 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.