Note: This version of section effective 7-1-2026. See also preceding version of this section, effective until 7-1-2026.
Sec. 5. (a) The career scholarship account administration fund is established for the purpose of accepting money for the CSA program to support administration of the CSA program.
(b) The department shall administer the fund.
(c) The fund consists of the following:
(1) Appropriations by the general assembly.
(2) Interest deposited in the fund under subsection (d).
(d) The treasurer of state shall invest money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested. Interest that accrues from these investments shall be deposited in the fund.