Ind. Code § 25-34.1-7-12

Expenditure of interest

Known as the Real Estate Broker Licensing Act

The act spans §§ 25-34.1-10-0.5 to 25-34.1-9-9 (164 sections).

As added by P.L.255-1987, SEC.6

Sec. 12. Subject to the approval of the budget agency, the real estate commission may expend the interest earned by the real estate recovery fund for:

(1) information concerning the commission's activities and administrative rulings;

(2) other educational information concerning the real estate industry; and

(3) expenses related to the continuing education program under IC 25-34.1-9.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.