Indiana § 36-9-4-33 Board of directors; power to contract

Indiana Statutes

§ 36-9-4-33 — Board of directors; power to contract

Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 4 Urban Mass Transportation Systems; Public

The board of directors of a public transportation corporation may contract with any person upon the terms and conditions the board considers best for the corporation including the following:

(1)Contracting for self-insurance protection of its property or liability under IC 34-13-3.

(2)Engaging in commissions or entering into agreements for the mutual insurance or sharing of risks for liability or property damage.

(3)Agreeing to join with other municipal corporations for the mutual risk sharing of losses due to casualty or acts of God. [Pre-Local Government Recodification Citation: 19-5-2-22 part.] As added by Acts 1981, P.L.309, SEC.77. Amended by P.L.353-1987, SEC.1; P.L.1-1998, SEC.214.

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The board of directors of a public
transportation corporation may contract with any person upon the terms
and conditions the board considers best for the corporation including
the following:
(1) Contracting for self-insurance protection of its property or
liability under IC 34-13-3.
(2) Engaging in commissions or entering into agreements for the
mutual insurance or sharing of risks for liability or property
damage.
(3) Agreeing to join with other municipal corporations for the
mutual risk sharing of losses due to casualty or acts of God.
[Pre-Local Government Recodification Citation: 19-5-2-22
part.]
As added by Acts 1981, P.L.309, SEC.77. Amended by
P.L.353-1987, SEC.1; P.L.1-1998, SEC.214.

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