Sec. 8. (a) All expenses incurred by the commission in administering the fund under this chapter shall be paid from the fund.
(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.
Structure Indiana Code
Article 1. Department of Insurance
Chapter 29. Indiana Political Subdivision Risk Management Commission
27-1-29-1. "Commission" Defined
27-1-29-3. "Liability" Defined
27-1-29-4. "Political Subdivision" Defined
27-1-29-7. Powers of Commission; Limit on Surcharge Levied Against Members of Fund; Reports
27-1-29-8. Expenses Incurred; Payment
27-1-29-9. Liability Insurance or Indemnification; State Responsibility for Commission Obligations
27-1-29-11. Fund Members; Eligibility; Assessments; Surcharge Levies; Payment of Liabilities
27-1-29-12. Assessments on Members of Fund
27-1-29-13. Payment of Liabilities of Members of Fund; Primary Coverage
27-1-29-14. Eligibility and Guidelines for Payment From Fund
27-1-29-15. Filing Notice of Intent to Become Member of Fund; Relinquishing Membership in Fund
27-1-29-16. Appointment of Members; Rules
27-1-29-17. Bonds or Notes Issued by Commission; Purposes; Status; Procedures
27-1-29-28. Actions Affecting Fund Warranted by Declining Membership or Financial Conditions