Indiana Code 27-1-29-8. Expenses incurred; payment

Sec. 8. (a) All expenses incurred by the commission in administering the fund under this chapter shall be paid from the fund.

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Terms Used In Indiana Code 27-1-29-8

commission: refers to the Indiana political subdivision risk management commission established by this chapter. See Indiana Code 27-1-29-1
fund: refers to the political subdivision risk management fund established by this chapter. See Indiana Code 27-1-29-2
liability: means an obligation arising from a claim for the payment of money in an amount established under IC 34-13-3 (or Indiana Code 27-1-29-3
political subdivision: has the meaning set forth in IC 34-6-2-110. See Indiana Code 27-1-29-4

(b) All expenses incurred by the commission in administering the political subdivision catastrophic liability fund established by IC 27-1-29.1 shall be paid from the political subdivision catastrophic liability fund.

(c) All expenses incurred by the commission that are not incurred directly in connection with the administration of the political subdivision risk management fund or the political subdivision catastrophic liability fund shall be paid equally from each fund.

As added by P.L.162-1986, SEC.1. Amended by P.L.272-1987, SEC.3.

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