Indiana § 4-11-3-1 - State comptroller; satisfaction of mortgages; security for loans of United States government surplus revenue funds

Full text of Indiana Indiana Code § 4-11-3-1 — State comptroller; satisfaction of mortgages; security for loans of United States government surplus revenue funds, with citation guidance and answers to common questions.

§ 4-11-3-1. State comptroller; satisfaction of mortgages; security for loans of United States government surplus revenue funds

Sec. 1. The state comptroller is authorized to enter satisfaction of the mortgages executed to the state of Indiana to secure loans made by the agents of the state appointed in the several counties of the state to loan the surplus revenue funds deposited with the state by the government of the United States and apportioned to the several counties of the state, and now remaining unsatisfied upon the records in the recorders' offices of the several counties of the state.

Formerly: Acts 1889, c.172, s.1. As amended by P.L.215-2016, SEC.73; P.L.9-2024, SEC.74.

IC 4-12ARTICLE 12. APPROPRIATIONS MANAGEMENT

Ch. 1.The Budget Agency Ch. 2.Compensation of Officers and State Employees Ch. 3.Repealed Ch. 4.Indiana Tobacco Use Prevention and Cessation Trust Fund Ch. 5.Indiana Health Care Trust Account Ch. 6.Biomedical Technology and Basic Research Trust Account Ch. 7.Repealed Ch. 8.Indiana Prescription Drug Account Ch. 8.5.Regional Health Care Construction Account Ch. 9.Repealed Ch. 10.Indiana Economic Development Partnership Fund Ch. 11.Repealed Ch. 12.State Technology Advancement and Retention (STAR) Account Ch. 13.Review of Certain Contracts for Services Ch. 14.Columbus Learning Center Lease Ch. 15.Faith-Based and Community Initiatives Subsidiary Corporation Ch. 16.Agency Settlement Fund Ch. 16.2.State Opioid Settlement Fund Ch. 16.3.Local Opioid Settlement Fund Ch. 16.5.Special Transportation Flexibility Fund Ch. 17.State Agency Contingency Fund Ch. 18.Federal Economic Stimulus Funds Ch. 19.Federal Funds Requests

IC 4-12-1Chapter 1. The Budget Agency

4-12-1-1Short title; purposes 4-12-1-2Definitions 4-12-1-3Creation of budget agency; director; establishment of budget committee 4-12-1-4Deputy budget directors; staff members, assistants, employees, and clerks; experts 4-12-1-5Budget director, budget committee, deputy budget directors, officers, and employees; qualifications; financial interest in contracts and appropriations 4-12-1-6State agencies; forms; reporting statistical data and information for budget bill or report 4-12-1-7Statements of state agencies; filing; examination; recommendations for budget report 4-12-1-7.5Authorized use of artificial intelligence software to prepare statements or budget projections 4-12-1-8Estimates for budget report; investigation and examination of state agencies; hearings by budget committee 4-12-1-9Budget report; budget bill; governor's duties; distribution of copies of bill; general assembly committee hearings 4-12-1-10Expired 4-12-1-10.2Budget committee meetings 4-12-1-11Budget committee; functions; compensation 4-12-1-11.5Agency action requiring budget committee review; placement on committee agenda 4-12-1-12Appropriation lists; allotment system; transfer; emergency or contingency appropriations 4-12-1-12.5"Block grant" defined; transfers of funds 4-12-1-13Inspection of state institutions; compensation of state employees; review by budget agency; application of budget agency policies and procedures to certain officials or agencies; allotments for state educational institutions 4-12-1-13.5Determination and certification of state agency costs; appropriation from dedicated funds 4-12-1-14Repealed 4-12-1-14.1Repealed 4-12-1-14.2Oil overcharge funds; appropriation to lieutenant governor; amount 4-12-1-14.3Tobacco master settlement agreement fund 4-12-1-14.5Mortgage foreclosure multistate settlement fund; energy assistance 4-12-1-14.7Securities rating settlement fund; administration by budget agency; distribution of money in the fund 4-12-1-14.9State bicentennial capital account; administration by budget agency; use of money in the account 4-12-1-15Emergency or contingency appropriations; standards for allocation 4-12-1-15.5Medicaid contingency and reserve account 4-12-1-15.7State tuition reserve account 4-12-1-16Transfer of powers and duties 4-12-1-17Repealed 4-12-1-17.2Establishment of Hoosier Families First Fund; appropriation; allotment of money 4-12-1-18Appropriation and allotment of federal funds to instrumentalities 4-12-1-19Combined general fund reserves 4-12-1-20Pokagon Band Tribal-state compact fund 4-12-1-21State employees; salary funded from donated money; reporting requirement 4-12-1-22Dedicated funds; duties of the budget agency; dedicated fund reversions

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

Frequently Asked Questions About Indiana § 4-11-3-1

What does Indiana Code § 4-11-3-1 cover?

Section 4-11-3-1 ("State comptroller; satisfaction of mortgages; security for loans of United States government surplus revenue funds") 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 § 4-11-3-1?

A common citation format is "Indiana Code § 4-11-3-1" (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 § 4-11-3-1 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.