Ind. Code § 21-34-2-1
Board; authority to establish liability or loss insurance reserves
As added by P.L.2-2007, SEC.275.
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.