Composition

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Sec. 1. The state treasury is composed of:

(1) all moneys collected under any law of this state providing for the collection of revenue for state purposes;

(2) all moneys borrowed on the credit of the state by the treasurer of state or any other authorized agent of the state;

(3) all moneys derived from the sale of property belonging to or held in trust by the state;

(4) all moneys and securities belonging to, lent to, or held in trust by the state, where no other disposition of them is required by law;

(5) all income derived in any manner from any money or property specified in this section;

(6) every fee, perquisite, or bonus received by any state officer in the discharge of the state officer's duties;

(7) all dividends arising from bank or other stock appropriated to the payment of any part of the interest on the public debt; and

(8) all moneys from any source paid, belonging, or accruing to the state for the use of the state or to a state fund for any purpose.

As added by Acts 1979, P.L.22, SEC.1. Amended by P.L.215-2016, SEC.55.


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