View Our Newest Version Here

2011 Indiana Code
TITLE 4. STATE OFFICES AND ADMINISTRATION
ARTICLE 37. STATE MUSEUM AND HISTORIC SITES
CHAPTER 7. STATE MUSEUM AND HISTORIC SITES DEVELOPMENT FUND

IC 4-37-7
Chapter 7. State Museum and Historic Sites Development Fund

IC 4-37-7-1
Fund established
Sec. 1. The state museum and historic sites development fund is established. The corporation or an entity designated by the board shall administer the fund.
As added by P.L.167-2011, SEC.1.

IC 4-37-7-2
Investments
Sec. 2. The corporation may invest the money in the fund not currently needed to meet the obligations of the fund in a manner consistent with IC 5-13-10. Interest earned on the investments shall be deposited in the corporation's funds.
As added by P.L.167-2011, SEC.1.

IC 4-37-7-3
Expenses
Sec. 3. The expenses of administering the fund shall be paid from the fund.
As added by P.L.167-2011, SEC.1.

IC 4-37-7-4
Purposes
Sec. 4. The corporation may spend the money in the fund for any purpose of the corporation that complies with this article, including the acquisition of real property and historical artifacts and specimens, construction of facilities, and betterments and improvements at historic sites.
As added by P.L.167-2011, SEC.1.

IC 4-37-7-5
Deposits
Sec. 5. Except as provided in section 8 of this chapter, the following shall be deposited in the fund:
(1) Proceeds from admission and user fees.
(2) Sales at museum shops.
(3) Facility rentals.
(4) Restaurant sales.
(5) Any other income generated by the state museums.
(6) Gifts of money or the proceeds from the sale of gifts donated to the state museums.
As added by P.L.167-2011, SEC.1.

IC 4-37-7-6
Income appropriated
Sec. 6. (a) All earned income accruing to the fund is appropriated continuously for purposes of this article. (b) 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.167-2011, SEC.1.

IC 4-37-7-7
Annual report
Sec. 7. The chief executive officer shall report annually to the board and the budget committee on the activities, revenues, expenditures, and profits of the museums' shops, facility rentals, and restaurants.
As added by P.L.167-2011, SEC.1.

IC 4-37-7-8
Memorandum of understanding with organizations at historic sites
Sec. 8. The chief executive officer of the corporation may enter into a memorandum of understanding with one (1) or more nonprofit organizations that are recognized supporters of a specific state historic site and are exempt from taxation under Section 501(c)(3) of the Internal Revenue Code. The memorandum of understanding may provide that the nonprofit organization or organizations may maintain a gift shop and offer special events at the state historic site.
As added by P.L.167-2011, SEC.1.

IC 4-37-7-9
Memorandum of understanding with state agencies
Sec. 9. The chief executive officer of the corporation shall enter into:
(1) a memorandum of understanding with the Indiana department of transportation providing for the Indiana department of transportation to maintain historical services provided to the various state historic sites;
(2) a memorandum of understanding with the department of correction providing for the department of correction to provide assistance in maintaining a state historic site; and
(3) a memorandum of understanding with the department of natural resources providing for the department of natural resources to provide:
(A) assistance or services to repair or clean up a state historic site if a natural disaster or severe weather (as defined in IC 36-8-21.5-7) has occurred; and
(B) assistance providing equipment to the state historic sites for special events.
As added by P.L.167-2011, SEC.1.

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.