"Tail risk"

Ind. Code § 27-1-12.8-16
in effect
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Sec. 16. As used in this chapter, "tail risk" means a risk that occurs where: (1) the frequency of low probability events is higher than expected under a normal probability distribution; or (2) there are observed events of very significant size or magnitude. As added by P.L.276-2013, SEC.10.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026

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