Indiana Code § 21-7-14-3

Treasurer of state to hold fund; state board of finance to manage fund
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Sec. 3. (a) The treasurer of state is the exclusive custodian of the fund.       (b) The state board of finance has full and complete management and control of the fund. The state board of finance shall invest the fund as provided in IC 20 . [Pre-2007 Higher Education Recodification Citation: 21-7-4.5-3.]

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