Investment of surplus premiums over losses; segregation of funds

Ind. Code § 34-18-17-8
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 8. All money appropriated by the state and any surplus of premiums over losses and expenses received by the authority shall be placed in a segregated fund and shall be invested and reinvested by the commissioner within the limitations set forth in IC 27-1-13. Investment income generated shall remain in the segregated fund. [Pre-1998 Recodification Citation: 27-12-17-8.] As added by P.L.1-1998, SEC.13.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/34Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements