Indiana § 5-10.4-7-10 Separate accounts for each school corporation and each employer
group

Indiana Statutes

§ 5-10.4-7-10 — Separate accounts for each school corporation and each employer group

Indiana § 5-10.4-7-10

Title 5STATE AND LOCAL ADMINISTRATION

Art. 10.4STATE TEACHERS' RETIREMENT FUND

Ch. 7School Corporation Reports and Administration

This text of Indiana § 5-10.4-7-10 (Separate accounts for each school corporation and each employer group) 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 § 5-10.4-7-10 (2026).

Text

(a)Except as provided in subsection (b), the board shall maintain separate reserve accounts within the 1996 account for each school corporation.

(b)If the board sets a group employer rate under IC 5-10.2-2-11(b), the board shall maintain separate reserve accounts within the 1996 account for each employer group.

(c)Credits and charges to these accounts must be made as prescribed in IC 5-10.2-2. [Pre-2006 Education Finance Recodification Citation: 21-6.1-7-11.]

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(a) Except as provided in subsection (b), the
board shall maintain separate reserve accounts within the 1996 account
for each school corporation.
(b) If the board sets a group employer rate under IC 5-10.2-2-11(b),
the board shall maintain separate reserve accounts within the 1996
account for each employer group.
(c) Credits and charges to these accounts must be made as
prescribed in IC 5-10.2-2.
[Pre-2006 Education Finance Recodification Citation:
21-6.1-7-11.]