Sec. 6. (a) A township trustee shall set income standards for the township that provide for financial eligibility in an amount consistent with reasonable costs of basic necessities in the trustee’s particular township.

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Terms Used In Indiana Code 12-20-5.5-6

  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Trustee: A person or institution holding and administering property in trust.
     (b) A township trustee may not consider a Holocaust victim’s settlement payment received by an eligible individual when setting income standards under this section.

As added by P.L.51-1996, SEC.20. Amended by P.L.128-1999, SEC.26.

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