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Ind. Code § 5-13-11-3

Service charge for management of system; payment by direct charge or from interest earned

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

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Ind. Code § 5-13-11-3, Service charge for management of system; payment by direct charge or from interest earned, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1608331
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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.