Ind. Code § 8-14-15-10
Distributions from trust
As added by P.L.47-2006, SEC.6.
- (a) 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, 2011, March 15, 2016, 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.
As added by P.L.47-2006, SEC.6.