Board; Authority to Establish Liability or Loss Insurance Reserves

1. Law
2. Indiana Code
3. Higher Education
4. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds
5. Liability or Other Loss Insurance Reserves; Risk Retention Groups
6. Board; Authority to Establish Liability or Loss Insurance Reserves

Sec. 1. The board of trustees of a state educational institution may establish liability or other loss insurance reserves or contribute those reserves or other capital to a risk retention group to provide insurance coverage against liability claims.

[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(a)(2).]

As added by P.L.2-2007, SEC.275.

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