Ind. Code § 27-1-39-6 – "Self-insurance fund" defined | Midpage

Collections
Indiana Code

§ 6

Ind. Code § 27-1-39-6

"Self-insurance fund" defined

As added by P.L.38-2006, SEC.1.

As used in this chapter, "self-insurance fund" means a fund established by a consortium to provide money sufficient to:

(1) cover self-insured risk retained by the consortium;
(2) pay premiums for stop-loss insurance coverage; and
(3) pay the administrative and other costs of the consortium.

As added by P.L.38-2006, SEC.1.