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Terms Used In Indiana Code 5-10.3-9-3

  • Board: as used in this article means the board of trustees of the Indiana public retirement system established by Indiana Code 5-10.3-1-1
  • Trustee: A person or institution holding and administering property in trust.
   Sec. 3. Administration by the Board. After reviewing the actuarial investigation and audit, the board may choose to administer the plan as a trustee in compliance with the law which created the plan.

As added by Acts 1977, P.L.53, SEC.3.