Indiana § 20-40-12-10 - Incurred claim basis

Full text of Indiana Indiana Code § 20-40-12-10 — Incurred claim basis, with citation guidance and answers to common questions.

§ 20-40-12-10. Incurred claim basis

Sec. 10. (a) A self-insurance program must be written on an incurred claims basis.

(b) The governing body must fund a self-insurance program as described in section 4(2) of this chapter to include coverage for all eligible incurred claims.

(c) Subject to this chapter and notwithstanding any other law:

(1) contributions made on behalf of individuals covered under the self-insurance program, including employee and employer contributions; and

(2) transfers or allocations of funds by a governing body;

for coverage for health care services under a self-insurance program must be directly deposited into the fund and may not be transferred to other accounts or expended for any other purpose.

[Pre-2006 Recodification Citation: 21-2-19-5.]

As added by P.L.2-2006, SEC.163.

IC 20-40-13Chapter 13. Repealed[Pre-2006 Recodification Citations:

20-40-13-1formerly 21-2-5-1(d)20-40-13-2formerly 21-2-5-1(c)20-40-13-3formerly 21-2-5-2 part20-40-13-4formerly 21-2-5-2 part20-40-13-5formerly 21-2-5-3 part20-40-13-6formerly 21-2-5-3 part20-40-13-7formerly 21-2-5-4.]Repealed by P.L.233-2015, SEC.292.

IC 20-40-14Chapter 14. Special Purpose Funds Without Local Tax

20-40-14-1Separate accounting; gifts; endowments; federal grants and loans 20-40-14-2Disbursement without appropriation 20-40-14-3Application of other laws

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 20-40-12-10

What does Indiana Code § 20-40-12-10 cover?

Section 20-40-12-10 ("Incurred claim basis") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 20-40-12-10?

A common citation format is "Indiana Code § 20-40-12-10" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 20-40-12-10 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.