Board; authority to establish liability or loss insurance reserves
Ind. Code § 21-34-2-1
in effectSec. 1. The board of trustees of a state educational institution may establish liability or other loss insurance reserves or contribute those reserves or other capital to a risk retention group to provide insurance coverage against liability claims.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(a)(2).]
As added by P.L.2-2007, SEC.275.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/21Fetched: 10/17/2026
