{"data":{"id":"us-in/ic-4-33-23-13","jurisdiction":"us-in","citation":"IC 4-33-23-13","heading":"Economic development payments; deposits","body":"Sec. 13. (a) Any recipient of an economic development payment must deposit the economic development payment into a separate and segregated bank account not later than five (5) days after its receipt.\n(b) The bank account referenced in subsection (a):\n(1) must allow expenditures only in accordance with the terms of the development agreement;\n(2) must be used to account for and report the proceeds of economic development payments; and\n(3) must be maintained at an FDIC insured bank that is located in and has a corporate presence in the State of Indiana.","path":["TITLE 4. STATE OFFICES AND ADMINISTRATION","ARTICLE 33. RIVERBOAT GAMBLING","Chapter 23. Administration of Local Development Agreements"],"source_url":"https://iga.in.gov/ic/2026/Title_4.html#4-33-23-13","current_through":"2026","vintage":"2026","retrieved_at":"2026-08-30T06:26:00Z","sha256":"d3608647fcbb4b6228533471a30334fe104691f0590bcda274357de56662322d","source_id":"us-in","stale":false,"prev":"us-in/ic-4-33-23-12","next":"us-in/ic-4-33-23-14"},"notice":"GroundRules: Original legal text. Not legal advice."}