reglab/housing_qa huggingface dataset:
IN Code § 5-13-5-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 5. General Provisions|5-13-5-1. Cashbook; Duties of Public Officers; Public Inspection

Sec. 1. (a) Every public officer who receives or distributes public funds shall:(1) keep a cashbook into which the public officer shall enter daily, by item, all receipts of public funds; and(2) balance the cashbook daily to show funds on hand at the close of each day.(b) The cashbook is a public record and is open to public inspection in accordance with IC 5-14-3.(c) A person who violates this section is subject to IC 35-44.2-2-2.As added by P.L.19-1987, SEC.7. Amended by P.L.126-2012, SEC.21; P.L.32-2019, SEC.9.
IN Code § 5-13-5-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 5. General Provisions|5-13-5-2. Application of Section to Public Funds Other Than State Funds; Warrants for Payment of Public Funds; Copy of Warrant; Disposition of Warrant

Sec. 2. (a) This section applies to public funds other than state funds. In all political subdivisions where the fiscal officer and investing officer are two (2) separate individuals by law, all warrants for the payment of public funds shall be drawn by the proper public officer upon the proper treasurer. In all political subdivisions where the fiscal officer and investing officer are the same individual by law, all warrants shall be drawn by the fiscal officer directly against a depository. A copy of the warrant shall be attached to each warrant when drawn. The copy of the warrant shall be readily detachable and shall show the following information:(1) The number of the warrant.(2) The date and amount of the warrant.(3) The name of the payee.(4) The purpose of the warrant.(5) The name and office of the drawer.(6) The fund and the appropriation upon which the warrant is drawn.(b) In all political subdivisions where the fiscal officer and investing officer are two (2) separate individuals by law, warrants shall be presented by the proper public officer to the proper treasurer, who shall detach and retain the copy of the warrant, countersign the original, and stamp upon the original the name of the depository by which it is payable. A warrant is effective only if it is stamped and countersigned as provided in this subsection. After countersignature and stamping, all warrants shall be returned to the proper public officer for distribution. The proper treasurer, when any warrant is presented for payment by any person other than a depository, may, for convenience of the persons presenting the warrant, pay the amount of the warrant to the holder, take an assignment by endorsement of the warrant, and deposit the warrant in the proper depository in lieu of the cash paid out to the holder of the warrant.As added by P.L.19-1987, SEC.7.
IN Code § 5-13-5-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 5. General Provisions|5-13-5-3. Drawing Warrant

Sec. 3. All warrants for the payment of public funds of the state shall be drawn by the auditor of state on the treasurer of state.As added by P.L.19-1987, SEC.7.
IN Code § 5-13-5-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 5. General Provisions|5-13-5-4. Signature of Authorized Public Officers on Check or Negotiable Order of Withdrawal; Purposes

Sec. 4. (a) All checks or negotiable orders of withdrawal drawn upon depositories shall be signed by public officers authorized to sign the check or negotiable order of withdrawal in the officer's official capacity. All funds paid out of the state treasury must be by check or negotiable order of withdrawal of the state treasurer upon the warrant of the auditor of state.(b) A public officer may draw a check or negotiable order of withdrawal upon a depository only for the following purposes:(1) The payment of a warrant drawn by the auditor of state.(2) The payment of a warrant drawn by the fiscal officer of a political subdivision, where the fiscal officer and investing officer are two (2) separate individuals by law.(3) The payment of a legal claim against a political subdivision where the fiscal officer and investing officer are the same individual by law.(4) An investment authorized under this article.(5) The transfer of funds between depositories.As added by P.L.19-1987, SEC.7. Amended by P.L.18-1996, SEC.5.
IN Code § 5-13-5-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 5. General Provisions|5-13-5-5. Transacting Business With Financial Institution or Public Retirement Fund Through Use of Electronic Funds Transfer; Ordinance or Resolution

Sec. 5. (a) The fiscal body of any political subdivision may by ordinance or resolution authorize the proper legal officers of the political subdivision to transact the political subdivision's business with a financial institution or a public pension or retirement fund administered by the Indiana public retirement system through the use of electronic funds transfer.(b) The ordinance or resolution must:(1) specify the types of transactions that may be conducted by electronic funds transfer; and(2) require the proper officers to maintain adequate documentation of the transactions so that they may be audited as provided by law.As added by P.L.19-1987, SEC.7. Amended by P.L.61-2002, SEC.9; P.L.35-2012, SEC.91.
IN Code § 5-13-5-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 5. General Provisions|5-13-5-6. Financial Institution Continuation Qualification as Depository

Sec. 6. (a) A financial institution that is a depository for the state on March 21, 1996, and any successor financial institution, continues to be a depository for the state after March 21, 1996, without reapplying under IC 5-13-10.5, until the earliest of the following occurs:(1) The board of depositories revokes the status of the financial institution as a depository.(2) The financial institution notifies the state board of finance that the financial institution is resigning as a depository for the state.(3) Another law terminates the depository status of the financial institution.A financial institution that qualifies under this subsection as a depository for the state after March 21, 1996, shall be treated after March 21, 1996, as if the financial institution were designated as a depository under IC 5-13-10.5.(b) A financial institution that is a depository for a political subdivision on March 21, 1996, and any successor financial institution continues to be a depository for the political subdivision after March 21, 1996, without reapplying under IC 5-13-10.5 or IC 5-13-8-1, until the earliest of the following occurs:(1) The state board of finance revokes the status of the financial institution as a depository.(2) The financial institution notifies the state board of finance or the local board of finance for the political subdivision that the financial institution is resigning as a depository for the political subdivision.(3) Another law terminates the depository status of the financial institution.A financial institution that qualifies under this subsection as a depository for a political subdivision after March 21, 1996, shall be treated after March 21, 1996, as if the financial institution were designated as a depository under IC 5-13-8.(c) Subject to IC 5-13-8-9, a financial institution that is a depository for the state on March 21, 1996, and any successor financial institution is eligible after March 21, 1996, to become a depository for any political subdivision for which the financial institution is not already a depository without reapplying under IC 5-13-10.5 or IC 5-13-8-1. A financial institution that qualifies under this subsection as a depository for a political subdivision after March 21, 1996, shall be treated after March 21, 1996, as if the financial institution were designated as a depository under IC 5-13-8.(d) The treasurer of state shall add any financial institution that qualifies as a depository for political subdivisions under subsection (b) or (c) to the list of depositories eligible to receive the public funds of political subdivisions under IC 5-13-8-1.As added by P.L.16-2009, SEC.12.
IN Code § 5-13-6-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 6. Deposit of Public Funds|5-13-6-2. Fees Collected for Services Rendered

Sec. 2. In all cases where law provides that any state officer collects any fee for any service rendered or examination made, and the fee collected is appropriated to pay the salary, per diem, or the expenses of any state officer for rendering the service or making the examination, the state officer shall deposit the fees, under section 1 of this chapter, and the salary, per diem, and expenses on account of the services shall be paid out of the state treasury upon an account filed and approved as provided by law. The salary, per diem, and expenses must not exceed the fees collected and paid into the state treasury unless otherwise provided by law.As added by P.L.19-1987, SEC.8.
IN Code § 5-13-6-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 6. Deposit of Public Funds|5-13-6-3. Taxes Collected by County Treasurer; Deposit; Advance by County Auditor to Political Subdivisions; Semiannual Distribution

Sec. 3. (a) All taxes collected by the county treasurer shall be deposited as one (1) fund in the several depositories selected for the deposit of county funds and, except as provided in subsection (b), remain in the depositories until distributed at the following semiannual distribution made by the county auditor.(b) Every county treasurer who, by virtue of the treasurer's office, is the collector of any taxes for any political subdivision wholly or partly within the county shall, not later than thirty (30) days after receipt of a written request for funds filed with the treasurer by a proper officer of any political subdivision within the county, provide to the county auditor the amount available for distribution, as certified for each semiannual distribution under IC 6-1.1-27-2. The county auditor shall advance to that political subdivision a portion of the taxes collected before the semiannual distribution. The amount advanced may not exceed the lesser of:(1) ninety-five percent (95%) of the total amount collected at the time of the advance; or(2) ninety-five percent (95%) of the amount to be distributed at the semiannual distribution.(c) Upon notice from the county treasurer of the amount to be advanced, the county auditor shall draw a warrant upon the county treasurer for the amount. The amount of the advance must be available immediately for the use of the political subdivision.(d) At the semiannual distribution all the advances made to any political subdivision under subsection (b) shall be deducted from the total amount due any political subdivision as shown by the distribution.(e) If a county auditor fails to make a distribution of tax collections by the deadline for distribution under subsection (b), a political subdivision that was to receive a distribution may recover interest on the undistributed tax collections under IC 6-1.1-27-1.As added by P.L.19-1987, SEC.8. Amended by P.L.245-2003, SEC.1; P.L.146-2008, SEC.38; P.L.89-2010, SEC.1; P.L.166-2014, SEC.1.
IN Code § 5-13-6-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 6. Deposit of Public Funds|5-13-6-4. Support Payments; Clerk of Circuit Court May Elect Not to Follow Accounting and Depository Procedure Prescribed; Prenumbered Receipts and Support Cashbook

Sec. 4. (a) Notwithstanding section 1 of this chapter, the clerk of a circuit court, in accounting for and disbursing support payments made through the clerk in accordance with IC 31-16-9 (or IC 31-1-11.5-13, IC 31-6-6.1-16, or IC 31-14-11-11, before their repeal) may elect not to follow the accounting and depository procedures required by this chapter.(b) If the clerk of a circuit court elects under subsection (a) not to follow the accounting and depository procedures required by this chapter, the clerk shall issue prenumbered receipts and keep a support cashbook for daily entry, by item, of all receipts and disbursements of support payments made through the clerk. The support receipts and cashbook are public records to be kept on forms prescribed by the state board of accounts, and shall be balanced daily.As added by P.L.19-1987, SEC.8. Amended by P.L.65-1989, SEC.1; P.L.1-1997, SEC.35; P.L.207-2013, SEC.5.
IN Code § 5-13-7-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 7. Local Boards of Finance|5-13-7-1. County Board of Finance; Membership; Duties

Sec. 1. Except as provided in section 2 of this chapter, the board of commissioners and the county treasurer in each county together constitute the county board of finance. The board has supervision of the revocation of public depositories for all public funds of the county.As added by P.L.19-1987, SEC.9. Amended by P.L.46-1991, SEC.1; P.L.46-1997, SEC.1.
IN Code § 5-13-7-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 7. Local Boards of Finance|5-13-7-2. County Having Consolidated City; Composition; Duties; Secretary

Sec. 2. (a) In a county having a consolidated city, the county board of finance is composed of:(1) the county treasurer;(2) the county auditor;(3) the county assessor;(4) the mayor of the consolidated city;(5) the controller of the consolidated city; and(6) the president of the board of school commissioners of the school city described by IC 20-25-3-1.(b) The board has supervision of the revocation of public depositories for all public funds of the following:(1) The county.(2) The consolidated city.(3) The school city.(4) Any other political subdivision in the county whose local board of finance designates the county board of finance for those purposes.As added by P.L.19-1987, SEC.9. Amended by P.L.37-1992, SEC.1; P.L.29-1994, SEC.1; P.L.46-1997, SEC.2; P.L.1-2005, SEC.79.
IN Code § 5-13-7-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 7. Local Boards of Finance|5-13-7-3. County Board of Finance; Compensation

Sec. 3. The members of a county board of finance serve without compensation other than the members' salaries as officers of the members' respective political subdivisions.As added by P.L.19-1987, SEC.9.
IN Code § 5-13-7-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 7. Local Boards of Finance|5-13-7-5. Boards of Finance of Other Political Subdivisions; Duties; Compensation

Sec. 5. (a) The fiscal body of each political subdivision not governed by sections 1 through 3 of this chapter constitutes a board of finance for that political subdivision.(b) Each board of finance has supervision of the revocation of public depositories for the respective political subdivisions for which they act.(c) The members of the boards serve without compensation other than the members' salaries allowed by law for the members' services as officers of the members' respective political subdivisions.As added by P.L.19-1987, SEC.9. Amended by P.L.46-1997, SEC.4; P.L.10-1997, SEC.8; P.L.68-2001, SEC.3; P.L.115-2010, SEC.5.
IN Code § 5-13-7-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 7. Local Boards of Finance|5-13-7-6. Meetings; Election of Officers; Term; Quorum; Open Meetings; Nature of Board

Sec. 6. (a) Each local board of finance shall meet annually after the first Monday and on or before the last day of January. At the annual meeting the board of finance shall do the following:(1) Elect from the board's membership:(A) a president; and(B) a secretary.The officers elected hold office until the officers' successors are elected and qualified.(2) Receive and review the report required by section 7 of this chapter.(3) In the case of a board of finance of a school corporation, receive and review the report submitted under section 8 of this chapter.(b) A majority of the members of each board of finance constitutes a quorum for the transaction of business. Each board of finance shall hold additional sessions whenever necessary to discharge its duties and to accomplish the purposes of this chapter. The president of each board shall convene the board whenever requested to do so by one (1) of the members, or whenever necessary to the performance of the duties imposed by this chapter.(c) All meetings of the boards of finance must be open to the public, and the records of the boards shall be subject to public inspection in accordance with IC 5-14-3 and IC 5-15-2, respectively. The secretary of each board shall keep a record of the proceedings, which shall be approved and signed by the president of the board and attested by the secretary.(d) A local board of finance shall be known by the name "The Board of Finance of _______", inserting the name of the proper political subdivision, and may sue and be sued in the board's name in any action and in any court of competent jurisdiction.As added by P.L.19-1987, SEC.9. Amended by P.L.37-1992, SEC.2; P.L.57-1993, SEC.2; P.L.74-1995, SEC.1; P.L.72-1995, SEC.2; P.L.10-1997, SEC.9; P.L.101-2019, SEC.1.
IN Code § 5-13-7-7 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 7. Local Boards of Finance|5-13-7-7. Investment Report

Sec. 7. (a) During the annual meeting required by section 6 of this chapter, the investment officer shall make a written report to the investing officer's local board of finance summarizing the political subdivision's investments during the previous calendar year. The report must contain the name of each financial institution, government agency or instrumentality, or other person with whom the political subdivision invested money during the previous calendar year.(b) The local board of finance shall do the following at the meeting:(1) Review the report.(2) Review the overall investment policy of the political subdivision.As added by P.L.72-1995, SEC.3.
IN Code § 5-13-7-8 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 7. Local Boards of Finance|5-13-7-8. School Corporation Financial Condition Report; Review of Report

Sec. 8. (a) During the annual meeting required by section 6 of this chapter, the superintendent of a school corporation shall submit a written report to the local board of finance for the school corporation. The report must assess the financial condition of the school corporation using the fiscal and qualitative indicators determined under IC 20-19-7-4 by the fiscal and qualitative indicators committee.(b) The local board of finance shall review the report made under subsection (a).(c) The superintendent of a school corporation may delegate the duty to submit a report under subsection (a) to an employee or representative of the school corporation.As added by P.L.101-2019, SEC.2.
IN Code § 5-13-8-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 8. Designation of Depositories|5-13-8-1. Deposit of Public Funds; Prerequisites

Sec. 1. (a) A political subdivision may deposit public funds in a financial institution only if the financial institution:(1) is a depository eligible to receive state funds; and(2) has a principal office or branch that qualifies under section 9 of this chapter to receive public funds of the political subdivision.(b) The state board of finance shall make available information concerning financial institutions eligible to receive state funds as may be requested by a local board of finance. A local board of finance may rely on certificates described in IC 5-13-9.5-1(d) in determining to deposit public funds or reinvest public funds in the financial institution.As added by P.L.19-1987, SEC.10. Amended by P.L.5-1988, SEC.37; P.L.66-1989, SEC.1; P.L.44-1990, SEC.2; P.L.2-1993, SEC.47; P.L.74-1995, SEC.2; P.L.18-1996, SEC.7; P.L.46-1997, SEC.5.
IN Code § 5-13-8-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 13. Investment of Public Funds|Chapter 8. Designation of Depositories|5-13-8-6. Forms; Filing Copy of Institution's Statement of Condition

Sec. 6. (a) The state board of accounts shall prepare and consolidate the forms that are required under this chapter or IC 5-13-9.5, or both, to eliminate unnecessary paperwork.(b) These forms must be used by the state board of finance and the several local boards of finance and depositories in the performance of the duties imposed under this chapter. The rights of political subdivisions and designated depositories must be subject to modification by any statute and by all rules adopted by the department of financial institutions respecting withdrawal of funds in times of emergency.(c) A financial institution designated as a depository under this chapter shall, upon request of the appropriate investing officer, file with the investing officer a copy of the institution's most recent statement of condition filed with the institution's governmental supervisory body under the regulatory accounting principles as prescribed by the supervisory body.As added by P.L.19-1987, SEC.10. Amended by P.L.18-1996, SEC.8; P.L.46-1997, SEC.6.