Indiana § 31-26-4-5 - Indiana kids first trust fund board
Full text of Indiana Indiana Code § 31-26-4-5 — Indiana kids first trust fund board, with citation guidance and answers to common questions.
§ 31-26-4-5. Indiana kids first trust fund board
Note: This version of section effective until 7-1-2027. See also following repeal of this section, effective 7-1-2027.
Sec. 5. (a) The Indiana kids first trust fund board is established.
(b) The purpose of the board is to determine whether proposed projects under this chapter should be approved and to perform other duties given to the board by this chapter. The board shall approve projects and recommend to the department that the projects receive funds under sections 12 and 14 of this chapter.
(c) The board shall, before January 1 of each year, prepare a budget for expenditures from the fund for the following state fiscal year. The budget must contain priorities for expenditures from the fund to accomplish the projects that have been approved under this chapter. The budget shall be submitted to the department and the budget committee.
(d) The board may employ staff necessary to carry out the duties of the board.
(e) The board may establish a nonprofit subsidiary corporation under section 17 of this chapter.
As added by P.L.145-2006, SEC.272. Amended by P.L.93-2021, SEC.1.
IC 31-26-4-5Repealed Note: This repeal of section effective 7-1-2027. See also preceding version of this section, effective until 7-1-2027.
As added by P.L.145-2006, SEC.272. Amended by P.L.93-2021, SEC.1. Repealed by P.L.152-2026, SEC.455.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 31-26-4-5
What does Indiana Code § 31-26-4-5 cover?
Section 31-26-4-5 ("Indiana kids first trust fund board") 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 § 31-26-4-5?
A common citation format is "Indiana Code § 31-26-4-5" (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 § 31-26-4-5 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.