Indiana § 8-25-8-4 - Use of money collected by foundation
Full text of Indiana Indiana Code § 8-25-8-4 — Use of money collected by foundation, with citation guidance and answers to common questions.
§ 8-25-8-4. Use of money collected by foundation
Sec. 4. A foundation established under section 3 of this chapter:
(1) shall use money received under section 3 of this chapter to:
(A) fund in part a public transportation project authorized under this article as required by IC 8-25-3-6(a); and
(B) carry out the purposes and programs of the foundation under this chapter; and
(2) may deposit money received under section 3 of this chapter in an account or fund that is:
(A) administered by the foundation; and
(B) not part of the state or county treasury.
As added by P.L.153-2014, SEC.17.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 8-25-8-4
What does Indiana Code § 8-25-8-4 cover?
Section 8-25-8-4 ("Use of money collected by foundation") 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 § 8-25-8-4?
A common citation format is "Indiana Code § 8-25-8-4" (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 § 8-25-8-4 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.