Indiana Code
Chapter 7. Short Title and Saving Provisions
5-10.5-7-2. Transfer or Assumption of Tangible and Intangible Property; Transfer of Powers and Duties

Sec. 2. (a) All powers, duties, liabilities, property, equipment, records, rights, and contracts of the:
(1) board of trustees of the public employees' retirement fund; and
(2) board of trustees of the teachers' retirement fund;
are transferred to or assumed by the board on July 1, 2011.
(b) The board shall provide indemnification of:
(1) the board of trustees of the public employees' retirement fund; and
(2) the board of trustees of the teachers' retirement fund;
as necessary or appropriate in regard to any liabilities of the public employees' retirement fund or the teachers' retirement fund assumed by the board.
As added by P.L.23-2011, SEC.22.

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Structure Indiana Code

Indiana Code

Title 5. State and Local Administration

Article 10.5. Indiana Public Pension Modernization Act

Chapter 7. Short Title and Saving Provisions

5-10.5-7-1. Short Title

5-10.5-7-2. Transfer or Assumption of Tangible and Intangible Property; Transfer of Powers and Duties

5-10.5-7-3. Transfer of Fund and Account Balances

5-10.5-7-4. Transfer of Employees

5-10.5-7-5. Rules and Regulations

5-10.5-7-6. References and Cross-References

5-10.5-7-7. Conflicts