IC 21-34-2
Chapter 2. Liability or Other Loss Insurance Reserves; Risk
Retention Groups
IC 21-34-2-1
Board; authority to establish liability or loss insurance reserves
Sec. 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.
As added by P.L.2-2007, SEC.275.