IC 5-13-11-3: Service charge for management of system; payment by direct charge or from interest earned

Sec. 3. The contract may provide for the depository to assess a service charge for its management of the investment cash management system. The service charge may be paid:

(1) by direct charge to the deposit or other account; or

(2) in a manner that subtracts the service charge from interest earned on the funds in the deposit or other account.