CHAPTER 46.2. INDIANA STATE EDUCATIONAL INSTITUTION TRUST LICENSE PLATES
IC 9-18-46.2
Chapter 46.2. Indiana State Educational Institution Trust License
Plates
IC 9-18-46.2-1
Repealed
(Repealed by P.L.2-2007, SEC.390.)
IC 9-18-46.2-2
Design and issuance of plates
Sec. 2. The bureau shall design and issue a state educational
institution trust license plate upon the request of a state educational
institution. The state educational institution 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.222-1999, SEC.13.
IC 9-18-46.2-3
Design requirements
Sec. 3. A state educational institution trust license plate designed
under IC 9-18-25 must include the following:
(1) A basic design for the plate, with consecutive numbers or
letters, or both, to properly identify the vehicle.
(2) A background design, an emblem, or colors that designate
the license plate as an education license plate.
(3) Any other information the bureau considers necessary.
As added by P.L.222-1999, SEC.13.
IC 9-18-46.2-4
Application for plates
Sec. 4. A person who is eligible to register a vehicle under this
title is eligible to receive a state educational institution trust license
plate upon doing the following:
(1) Completing an application for a state educational institution
trust license plate.
(2) Designating the state educational institution trust special
group license plate desired.
(3) Paying the fees under section 5 of this chapter.
As added by P.L.222-1999, SEC.13.
IC 9-18-46.2-5
Fee for plates
Sec. 5. The fee for a state educational institution trust license
plate is as follows:
(1) The appropriate fee under IC 9-29-5-38.
(2) An annual fee of twenty-five dollars ($25) collected by the
bureau.
As added by P.L.222-1999, SEC.13.
IC 9-18-46.2-6
Special account within a trust fund for each state educational
institution
Sec. 6. (a) This section applies with regard to a state educational
institution trust license plate supporting a state educational
institution in a year following a year:
(1) in which at least ten thousand (10,000) of the state
educational institution trust license plates are sold or renewed;
and
(2) beginning after December 31, 1998.
(b) The treasurer of state shall establish a special account within
a trust fund for each state educational institution described in
subsection (a)(1).
(c) The bureau shall require a person who purchases a state
educational institution trust license plate under this section to
designate the state educational institution the person chooses to
receive the annual fee that the person pays under section 5(2) of this
chapter as the corresponding state educational institution designated
in section 4 of this chapter.
(d) The treasurer of state shall deposit the annual fee collected
under section 5(2) of this chapter into a special account within a trust
fund for the state educational institution designated by the purchaser
in subsection (c).
(e) The treasurer of state shall invest the money in the special
account not distributed in the same manner as other public trust
funds are invested. Interest that accrues from these investments shall
be deposited in the special account.
(f) The auditor of state monthly shall distribute the money from
the special account to the state educational institution's authorized
alumni association.
(g) Money in the special account at the end of a state fiscal year
does not revert to the state general fund.
(h) The bureau shall maintain a sufficient supply of the state
educational institution trust license plates in each branch and partial
service walk-up location to provide a plate to a purchaser at the time
of sale.
As added by P.L.222-1999, SEC.13. Amended by P.L.261-2001,
SEC.4.