"Risk manager" means an insurance company that is:

1. (1) admitted to make insurance and actively engaged in making in this state Class 2 insurance under IC 27-1-5-1 ; and

2. (2) appointed by the commissioner to manage the authority.

   [Pre-1998 Recodification Citation: 27-12-2-27.]

As added by P.L.1-1998, SEC.13.