Cash-Strapped State Tries to Tap Bank Fund

March 2003
American Banker;3/4/2003, Vol. 168 Issue 42, p1
Trade Publication
Reports on the efforts of legislators in Indiana to use money from Public Deposit Insurance Fund for insuring public deposits to help balance the state's budget. Reference to a bill passed by Indiana House of Representatives to withdraw $50 million from the fund; Purpose of establishing the fund; Arguments against withdrawing money from the fund.


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