Sec. 10. The fund shall be construed to be a trust, separate and distinct from all other entities, maintained to:
(1) secure payment of benefits to the participants and their beneficiaries; and
(2) pay the costs of administering this chapter.
Ind. Code § 33-39-7-10
Fund construed as trust; purpose
As added by P.L.98-2004, SEC.18.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.