§ 5-10.2-9-35 — Immunity; liability of the fund and its agents

Indiana § 5-10.2-9-35

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 10.2: PUBLIC RETIREMENT AND DISABILITY
• Ch. 9: Sudan Divestment

Text

(a) Both:
(1) the state and its officers, agents, and employees; and
(2) the fund (before July 1, 2011) or 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 the fund (before July 1, 2011) or system;
are entitled to indemnification from the fund (before July 1, 2011) or
system 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.

Legislative History

As added by P.L.149-2007, SEC.3. Amended by P.L.35-2012, SEC.65.