Indiana § 4-23-15-4 - Funds; acquisition of materials
Full text of Indiana Indiana Code § 4-23-15-4 — Funds; acquisition of materials, with citation guidance and answers to common questions.
§ 4-23-15-4. Funds; acquisition of materials
Sec. 4. (a) All money appropriated by Acts 1967, c.180, s.3, and all money received by gift, bequest, or contributions shall not revert to the state general fund at the close of any fiscal year, but remains available for the use of this commission until the provisions of this chapter are fulfilled.
(b) Contracts entered into for the purchase or sale of any material or supplies, or for the performance of work or labor with money appropriated by the general assembly are subject to the bidding, advertising, and bonding procedures of IC 4-13-1.
(c) Acquisitions of materials, furnishings, and supplies, contracts, or work labor are not subject to the bidding, advertising, and bonding procedures if:
(1) acquired entirely by money received by gift, bequest, or contribution to the commission; or
(2) directly contributed by any person, partnership, corporation, limited liability company, association, or other organization.
Formerly: Acts 1975, P.L.33, SEC.1. As amended by P.L.1-1989, SEC.13; P.L.8-1993, SEC.31.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-23-15-4
What does Indiana Code § 4-23-15-4 cover?
Section 4-23-15-4 ("Funds; acquisition of materials") 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 § 4-23-15-4?
A common citation format is "Indiana Code § 4-23-15-4" (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 § 4-23-15-4 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.