Sec. 4. (a) The treasurer of a school corporation, the township trustee, and the appropriate officer of any other institution covered by the fund is liable on the officer's official bond for failure to deduct, report, and pay the contributions to the board.
(b) The board, by an action in its name prosecuted by the attorney general, may recover the contributions.
[Pre-2006 Education Finance Recodification Citation: 21-6.1-7-4.]
As added by P.L.2-2006, SEC.28.
Structure Indiana Code
Title 5. State and Local Administration
Article 10.4. State Teachers' Retirement Fund
Chapter 7. School Corporation Reports and Administration
5-10.4-7-1. Notice to Teachers of Benefits; Requirement to Include Benefits in Contracts
5-10.4-7-2. Duty of Teacher to Complete Record Form
5-10.4-7-3. Requirement to Deduct Member Contribution From Salary; Report to Member
5-10.4-7-4. Officer's Bond Required to Cover Failure to Deduct Employee Contribution
5-10.4-7-5. Reports; New Employee Information
5-10.4-7-6. Reports; Member Contributions
5-10.4-7-7. Reports; Employment Information
5-10.4-7-8. Penalties; Failure to Make Report
5-10.4-7-9. Reimbursement of Expenses of Secretary of Education Related to Enforcement of Penalties
5-10.4-7-10. Separate Accounts for Each School Corporation and Each Employer Group
5-10.4-7-11. Employer Contribution Rate
5-10.4-7-12. Recovery of Amounts Due From School Corporation