{"data":{"id":"us-in/ic-5-13-9-5.6","jurisdiction":"us-in","citation":"IC 5-13-9-5.6","heading":"Final maturity; investment policy","body":"Sec. 5.6. Except for investments allowed under section 2(f) or 2(g) of this chapter, investments made under this chapter must have a stated final maturity of not more than:\n(1) five (5) years after the date of purchase or entry into a repurchase agreement for a conservancy district located in a city having a population of more than five thousand (5,000) and less than five thousand one hundred thirty (5,130);\n(2) five (5) years after the date of purchase or entry into a repurchase agreement for investments made from a host community agreement future fund established by ordinance of a town with a population of more than ten thousand (10,000) and less than twenty thousand (20,000) located in a county having a population of more than one hundred seventy-four thousand (174,000) and less than one hundred eighty thousand (180,000); or\n(3) two (2) years after the date of purchase or entry into a repurchase agreement for:\n(A) a fund not described in subdivision (1) or (2); or\n(B) a political subdivision that:\n(i) is not described in subdivision (1) or (2); and\n(ii) does not have in effect an investment policy and ordinance under section 5.7 of this chapter.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 13. INVESTMENT OF PUBLIC FUNDS","Chapter 9. Deposit and Investment Powers"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-13-9-5.6","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"4084d17205338b837ad39f168aa4041512cea07c32b9056c8ccd20bceab2d8e3","source_id":"us-in","stale":false,"prev":"us-in/ic-5-13-9-5.3","next":"us-in/ic-5-13-9-5.7"},"notice":"GroundRules: Original legal text. Not legal advice."}