IC 5-1.4-9-5: Authority to receive appropriations or grants from federal government; disposition
Where this section sits in the code
- TITLE 5. STATE AND LOCAL ADMINISTRATION
- ARTICLE 1.4. LOCAL PUBLIC IMPROVEMENT BOND BANKS
- Chapter 9. Miscellaneous Provisions
Sec. 5. The chairman of the board of the bank is authorized to receive from the United States or any department or agency thereof any amount of money as and when appropriated, allocated, granted, turned over, or in any way provided for the purposes of the bank or this article. Those amounts shall, unless otherwise directed by the federal authority, be credited to and deposited in the general fund and be available to the bank.
Collected 2026-09-02T16:11:39Z. Source file · JSON