CHAPTER 53. EARLHAM COLLEGE TRUST LICENSE PLATES
IC 9-18-53
Chapter 53. Earlham College Trust License Plates
IC 9-18-53-1
Responsibility to design and issue
Sec. 1. The bureau shall design and issue an Earlham College trust
license plate. The Earlham College trust license plate shall be
designed and issued as a special group recognition license plate
under IC 9-18-25.
As added by P.L.182-2009(ss), SEC.288.
IC 9-18-53-2
Eligibility; criteria
Sec. 2. After January 1, 2010, a person who is eligible to register
a vehicle under this title is eligible to receive an Earlham College
trust license plate under this chapter upon doing the following:
(1) Completing an application for an Earlham College trust
license plate.
(2) Paying the fees under section 3 of this chapter.
As added by P.L.182-2009(ss), SEC.288.
IC 9-18-53-3
Fees
Sec. 3. (a) The fees for an Earlham College trust 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 bureau shall collect the annual fee described in subsection
(a)(2).
(c) The annual fee described in subsection (a)(2) shall be
deposited in the Earlham College trust fund established by section 4
of this chapter.
As added by P.L.182-2009(ss), SEC.288.
IC 9-18-53-4
Earlham College trust fund
Sec. 4. (a) The Earlham College trust fund is established.
(b) The treasurer of state shall invest the money in the Earlham
College trust fund not currently needed to meet the obligations of the
Earlham College trust fund in the same manner as other public trust
funds are invested. Interest that accrues from these investments shall
be deposited in the Earlham College trust fund. Money in the fund is
continuously appropriated for the purposes of this section.
(c) The commissioner shall administer the Earlham College trust
fund. Expenses of administering the Earlham College trust fund shall
be paid from money in the Earlham College trust fund.
(d) On June 30 of each year, the commissioner shall distribute the
money from the Earlham College trust fund to Earlham College.
(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.182-2009(ss), SEC.288.