§ 13-24-1-5 — Agreements to indemnify, hold harmless, or insure; subrogation

(a) An indemnification agreement, hold
harmless agreement, or similar agreement or conveyance is not
effective to transfer the liability imposed under section 4 of this chapter
from:
(1) the owner or operator of a petroleum facility; or
(2) a person who may be liable for a release or threatened release
under this chapter;
to another person. However, this subsection does not bar an agreement
to insure, hold harmless, or indemnify a party to an agreement for any
liability under this chapter.
(b) This section does not bar a cause of action that:
(1) an owner or operator;
(2) a responsible party; or
(3) another person subject to liability under this chapter;
has or would have, by reason of subrogation or otherwise, against any
person.
[Pre-1996 Recodification Citation: 13-7-20.1-10.]

Legislative History

As added by P.L.1-1996, SEC.14.