The:

1. (1) principal belonging to the fund; and

2. (2) accumulations to the principal of a fund held by a county;

   must be loaned at four percent (4%) per annum. Loans made before June 1, 1943, with a rate of interest higher than four percent (4%) per annum must have an interest rate of four percent (4%) per annum.

   [Pre-2006 Recodification Citation: 21-1-7-1 part.]

As added by P.L.2-2006, SEC.165.