Indiana Statutes
§ 27-1-29-14 — Eligibility and guidelines for payment from fund
Indiana·Title 27 INSURANCE·Art. 1 DEPARTMENT OF INSURANCE·Ch. 29 Indiana Political Subdivision Risk Management
(a)In order to be eligible for payment under
this chapter, a liability of a political subdivision must arise out of a
claim based upon an act or omission that takes place while the political
subdivision is a member of the fund.
(b)The maximum amount payable from the fund for any liability,
whether or not it is covered under IC 34-13-3 (or IC 34-4-16.5 before
its repeal), is:
(1)for injury, death, or damage suffered by any one (1) person as
a result of the act or omission from which the liability arises:
(A)three hundred thousand dollars ($300,000) for a cause of
action that accrues before January 1, 2006;
(B)five hundred thousand dollars ($500,000) for a cause of
action that accrues on or after January 1, 2006, and before
January 1, 2008; or
(C)seven hundred thousand dollars ($700,00
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Related
Legislative History
As added by P.L.162-1986, SEC.1. Amended by P.L.273-1987,
SEC.1; P.L.256-1995, SEC.1; P.L.1-1998, SEC.145; P.L.108-2003,
SEC.1.
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