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§ 27-1-29-1-9 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 1 - Department of Insurance/
  6. Chapter 29.1 - Political Subdivision Catastrophic Liability Fund27-1-29.1-1. "Commission" Defined/
  7. § 27-1-29-1-9
Indiana Legal Code

§ 27-1-29-1-9

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A political subdivision is not required to be a member of the political subdivision risk management fund under IC 27-1-29 to be eligible for membership in the fund established by this chapter. Each member of the fund:(1) shall contribute to the fund in the amount of the assessment charged the member under this chapter; and(2) is entitled to the partial payment of certain liabilities from the fund under this chapter.As added by P.L.272-1987, SEC.7.