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Ind. Code § 5-1.5-6-3

Money or investments in fund or account established for specific purpose; application

Indiana · Indiana Code Title 5 — State and Local Administration · Status: effective

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Ind. Code § 5-1.5-6-3, Money or investments in fund or account established for specific purpose; application, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1606375
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Sec. 3. Unless the resolution or trust agreement authorizing the bonds or notes provides otherwise, money or investments in a fund or account of the bank established or held for the payment of bonds or notes shall be applied to the payment or retirement of the bonds or notes, and to no other purpose.