Indiana Code 25-42.5-12-5. Effect of termination of membership on state
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Terms Used In Indiana Code 25-42.5-12-5
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Sec. 5. A state that has been terminated is responsible for all assessments, obligations, and liabilities incurred through the effective date of termination, including obligations that extend beyond the effective date of termination.
As added by P.L.98-2023, SEC.2.