Indiana § 4-12-12-7 - Expenses of administering account
Full text of Indiana Indiana Code § 4-12-12-7 — Expenses of administering account, with citation guidance and answers to common questions.
§ 4-12-12-7. Expenses of administering account
Sec. 7. Expenses for administering the account or any of the programs funded from the account may be taken from the account but may not exceed two percent (2%) of the balance in the account. The budget agency must approve administrative expenses taken from the account.
As added by P.L.96-2004, SEC.17.
IC 4-12-13Chapter 13. Review of Certain Contracts for Services
4-12-13-1State agency 4-12-13-2Public hearings; review by budget committee 4-12-13-3Performance of contracted services by public employees
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-12-12-7
What does Indiana Code § 4-12-12-7 cover?
Section 4-12-12-7 ("Expenses of administering account") 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 § 4-12-12-7?
A common citation format is "Indiana Code § 4-12-12-7" (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 § 4-12-12-7 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.