§ 5-1.2-2-41 — "Liability or other loss insurance reserves"

Indiana § 5-1.2-2-41

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1.2: INDIANA FINANCE AUTHORITY
• Ch. 2: Definitions

Text

"Liability or other loss insurance reserves",
for purposes of an educational facility project under IC 5-1.2-8, means
a fund or funds set aside as a reserve to cover risk retained by an
eligible member in connection with liability claims or other losses.

Legislative History

As added by P.L.189-2018, SEC.25.