Indiana Code 5-10.3-9-8. Limited liability
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 5-10.3-9-8
- 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
- Fund: as used in this article means the public employees' retirement fund. See Indiana Code 5-10.3-1-3
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
Sec. 8. Limited Liability. The liabilities of a retirement system which is administered by the board are not liabilities of the fund, except as provided for in the agreement between the retirement system and the board.
As added by Acts 1977, P.L.53, SEC.3.