Indiana § 5-1.2-2-40 "Liability"

Indiana Statutes

§ 5-1.2-2-40 — "Liability"

Indiana § 5-1.2-2-40

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 2Definitions

This text of Indiana § 5-1.2-2-40 ("Liability") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 5-1.2-2-40 (2026).

Text

"Liability", for purposes of an educational
facility project under IC 5-1.2-8, means legal liability for damages
(including costs of defense, legal costs and fees, and other claims for
expenses) because of injuries to other persons or entities, damage to the
property or business of other persons or entities, or other damage or
loss to the other persons or entities resulting from or arising out of any
activity of an eligible member.

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"Liability", for purposes of an educational
facility project under IC 5-1.2-8, means legal liability for damages
(including costs of defense, legal costs and fees, and other claims for
expenses) because of injuries to other persons or entities, damage to the
property or business of other persons or entities, or other damage or
loss to the other persons or entities resulting from or arising out of any
activity of an eligible member.