§ 27-1-29-11 — Fund members; eligibility; assessments; surcharge levies; payment of liabilities

Indiana § 27-1-29-11

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 29: Indiana Political Subdivision Risk Management

Text

All political subdivisions are eligible for
membership in the fund. Each member of the fund:
(1) shall contribute to the fund in the amount of the assessment
charged the member under this chapter;
(2) shall pay the annual surcharge levied against the member
under this chapter; and
(3) is entitled to payment of its liabilities from the fund under this
chapter.

Legislative History

As added by P.L.162-1986, SEC.1.