Indiana Statutes

§ 20-40-12-4 — Establishment of fund

Indiana·Title 20 EDUCATION·Art. 40 GOVERNMENT FUNDS AND ACCOUNTS·Ch. 12 Self-Insurance Fund

The governing body of each school corporation:

(1)may establish a self-insurance fund in accordance with this chapter for the purposes described in:
(A)section 5(1) through 5(3) of this chapter; and
(B)section 5(4) of this chapter as section 5(4) of this chapter applies to governing body or school employee coverage other than coverage for health care services; and
(2)shall, if the governing body elects to provide a self-insurance program to cover health care services, establish a self-insurance fund for the purposes described in section 5(4) of this chapter as section 5(4) of this chapter applies to health care services. [Pre-2006 Recodification Citation: 21-2-5.6-1 part.]

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Legislative History

As added by P.L.2-2006, SEC.163.

Nearby Sections

15
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