CHAPTER 48. RILEY CHILDREN'S FOUNDATION LICENSE PLATES
IC 9-18-48
Chapter 48. Riley Children's Foundation License Plates
IC 9-18-48-1
Design and issuance of plates
Sec. 1. The bureau shall design and issue a Riley Children's
Foundation license plate. The Riley Children's Foundation license
plate shall be designed and issued as a special group recognition
license plate under IC 9-18-25.
As added by P.L.54-2004, SEC.4.
IC 9-18-48-2
Eligibility
Sec. 2. After January 1, 2005, a person who is eligible to register
a vehicle under this title is eligible to receive a Riley Children's
Foundation license plate under this chapter upon doing the
following:
(1) Completing an application for a Riley Children's Foundation
license plate.
(2) Paying the fees under section 3 of this chapter.
As added by P.L.54-2004, SEC.4.
IC 9-18-48-3
Fees
Sec. 3. (a) The fees for a Riley Children's Foundation license plate
are as follows:
(1) The appropriate fee under IC 9-29-5-38(a).
(2) An annual fee of twenty-five dollars ($25).
(b) The annual fee described in subsection (a)(2) shall be
collected by the bureau.
(c) The annual fee described in subsection (a)(2) shall be
deposited in the Riley Children's Foundation trust fund established
by section 4 of this chapter.
As added by P.L.54-2004, SEC.4.
IC 9-18-48-4
Riley Children's Foundation trust fund
Sec. 4. (a) The Riley Children's Foundation trust fund is
established.
(b) The treasurer of state shall invest the money in the Riley
Children's Foundation trust fund not currently needed to meet the
obligations of the Riley Children's Foundation trust fund in the same
manner as other public trust funds are invested. Interest that accrues
from these investments shall be deposited in the Riley Children's
Foundation trust fund. Money in the fund is continuously
appropriated for the purposes of this section.
(c) The commissioner shall administer the Riley Children's
Foundation trust fund. Expenses of administering the Riley
Children's Foundation trust fund shall be paid from money in the
Riley Children's Foundation trust fund.
(d) On June 30 of each year, the commissioner shall distribute the
money from the Riley Children's Foundation trust fund to the Riley
Children's Foundation.
(e) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.
As added by P.L.54-2004, SEC.4.