1. (a) An indemnification agreement, a hold harmless agreement, or other similar agreement or conveyance is not effective to transfer the liability imposed under section 8 of this chapter from:

   1. (1) the owner or operator of an:

      1. (A) underground storage tank; or
      2. (B) aboveground storage tank; or

   2. (2) any person who may be liable for a release or threat of release under this article;

      to any other person.

2. (b) This section does not bar an agreement to:

   1. (1) insure;
   2. (2) hold harmless; or

   3. (3) indemnify;

      a party to an agreement for any liability under this article.

      [Pre-1996 Recodification Citation: 13-7-20-23(a).]

As added by P.L.1-1996, SEC.13. Amended by P.L.176-2023, SEC.57.