Indiana § 36-9-4-53 - Books, records, and accounts

Full text of Indiana Indiana Code § 36-9-4-53 — Books, records, and accounts, with citation guidance and answers to common questions.

§ 36-9-4-53. Books, records, and accounts

Sec. 53. The books, accounts, records, and transactions of a public transportation corporation are subject to examination, audit, and supervision by the state board of accounts to the same extent as the books, accounts, records, and transactions of other municipal corporations and their officers and departments. However, in lieu of the system of accounts prescribed by the state board of accounts, a public transportation corporation may maintain its books, accounts, records, and transactions according to the financial accounting and reporting elements system, known as "Project Fare", that is established by the federal Urban Mass Transportation Administration.

[Pre-Local Government Recodification Citation: 19-5-2-31.]

As added by Acts 1981, P.L.309, SEC.77.

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

Frequently Asked Questions About Indiana § 36-9-4-53

What does Indiana Code § 36-9-4-53 cover?

Section 36-9-4-53 ("Books, records, and accounts") 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 § 36-9-4-53?

A common citation format is "Indiana Code § 36-9-4-53" (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 § 36-9-4-53 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.