Indiana § 5-10.2-13-17 Immunity; indemnification of the fund and its agents

Indiana Statutes

§ 5-10.2-13-17 — Immunity; indemnification of the fund and its agents

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 10.2 PUBLIC RETIREMENT AND DISABILITY·Ch. 13 Divestment From Chinese Companies

(a)Both:

(1)the state and its officers, agents, and employees; and

(2)a fund or the system and its board members, executive director, officers, agents, and employees; are immune from civil liability for any act or omission related to the removal of an asset from a fund under this chapter.

(b)In addition to the immunity provided under subsection (a), both:

(1)the officers, agents, and employees of the state; and

(2)the board members, executive director, officers, agents, and employees of a fund or the system; are entitled to indemnification from the fund for all losses, costs, and expenses, including reasonable attorney's fees, associated with defending against any claim or suit relating to an act authorized under this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Both:
(1) the state and its officers, agents, and employees; and
(2) a fund or the system and its board members, executive
director, officers, agents, and employees;
are immune from civil liability for any act or omission related to the
removal of an asset from a fund under this chapter.
(b) In addition to the immunity provided under subsection (a), both:
(1) the officers, agents, and employees of the state; and
(2) the board members, executive director, officers, agents, and
employees of a fund or the system;
are entitled to indemnification from the fund for all losses, costs, and
expenses, including reasonable attorney's fees, associated with
defending against any claim or suit relating to an act authorized under
this chapter.

Indiana § 5-10.2-13-17 (Immunity; indemnification of the fund and its agents) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.