Indiana § 20-42-2-6 - Deposit of interest in fund
Full text of Indiana Indiana Code § 20-42-2-6 — Deposit of interest in fund, with citation guidance and answers to common questions.
§ 20-42-2-6. Deposit of interest in fund
Sec. 6. The payment of annual interest must be full and complete every year. The payment must appear in the county auditor's or treasurer of state's report to the secretary of education. The secretary of education shall, at any time when the secretary of education discovers that there is a deficit in the amount collected, direct the attention of the board of county commissioners and the county auditor to the fact. The board of commissioners shall provide for the deficit in the commissioners' respective counties.
[Pre-2006 Recodification Citation: 21-1-1-2 part.]
As added by P.L.2-2006, SEC.165. Amended by P.L.39-2008, SEC.3; P.L.43-2021, SEC.128.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 20-42-2-6
What does Indiana Code § 20-42-2-6 cover?
Section 20-42-2-6 ("Deposit of interest in fund") 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 § 20-42-2-6?
A common citation format is "Indiana Code § 20-42-2-6" (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 § 20-42-2-6 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.