Ind. Code § 8-14-15.2-12
Diminishment of trust principal; deposit of trust income; transfer of trust income to major moves construction fund
Indiana · Indiana Code Title 8 — Utilities and Transportation · Status: effective
Cite this
- Citation
- Ind. Code § 8-14-15.2-12, Diminishment of trust principal; deposit of trust income; transfer of trust income to major moves construction fund, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1619829
- Permanent ID
ys:prov:1619829@1- SHA-256
e75357f94ec3e716666a3d22ef622ae43bf40a21d016c88f929a6bec3f6f6601
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Sec. 12.
(a) Except as otherwise required by section 10 of this chapter, the principal of the trust may not be diminished during the term of the trust.
(b) The income that accrues from investment of the trust shall be deposited in the trust.
(c) On March 15, 2021, and March 15 every five (5) years thereafter, the treasurer of state shall transfer all interest accruing to the trust to the major moves construction fund.