"Liability" defined

Ind. Code § 27-1-29.1-3
in effect
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Sec. 3. As used in this chapter, "liability" means an obligation arising from: (1) multiple claims for the payment of money that are within the limits set forth in IC 34-13-3-4 (or IC 34-4-16.5-4 before its repeal) and that arise from a single catastrophic occurrence; or (2) any other claim for which coverage is provided for members of the fund under rules adopted by the commission. As added by P.L.272-1987, SEC.7. Amended by P.L.1-1998, SEC.146.
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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Ind. Code § 27-1-29.1-3 — "Liability" defined | Indiana Code (Aug. 2026 snapshot) | Corpus