Transfer of Money From Participating Unit to Fire Protection Territory Fund or Fire Protection Territory Equipment Replacement Fund

  1. Law
  2. Indiana Code
  3. Local Government
  4. Public Safety
  5. Fire Protection Territories
  6. Transfer of Money From Participating Unit to Fire Protection Territory Fund or Fire Protection Territory Equipment Replacement Fund

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Sec. 8.6. (a) A participating unit may adopt an ordinance or a resolution to transfer any money belonging to the participating unit to:

(1) the fire protection territory fund established under section 8 of this chapter;

(2) the fire protection territory equipment replacement fund established under section 8.5 of this chapter; or

(3) both funds described in subdivisions (1) and (2).

(b) An ordinance or a resolution adopted under this section must state both of the following:

(1) The amount of money transferred to either fund.

(2) The source of the money.

(c) The transfer of money from a participating unit to a fire protection territory before July 1, 2008, is legalized.

As added by P.L.128-2008, SEC.8.


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