Indiana § 21-34-2-1 - Board; authority to establish liability or loss insurance reserves
Full text of Indiana Indiana Code § 21-34-2-1 — Board; authority to establish liability or loss insurance reserves, with citation guidance and answers to common questions.
§ 21-34-2-1. Board; authority to establish liability or loss insurance reserves
Sec. 1. The board of trustees of a state educational institution may establish liability or other loss insurance reserves or contribute those reserves or other capital to a risk retention group to provide insurance coverage against liability claims.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-1.2(a)(2).]
As added by P.L.2-2007, SEC.275.
IC 21-34-3Chapter 3. Building Facilities, Equipment, Land
21-34-3-1Board; authority to acquire, construct, improve, and operate building facilities 21-34-3-2Location of buildings 21-34-3-3Authority to acquire, erect, construct, rehabilitate, and operate equipment 21-34-3-4Authority to acquire or improve real and personal property 21-34-3-4.5State educational institution lease or sublease to acquire or improve real property 21-34-3-5Title to real and personal property 21-34-3-6Approval of plans and specifications; bids; contracts 21-34-3-7Approval of governor; conveyance of deed
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 21-34-2-1
What does Indiana Code § 21-34-2-1 cover?
Section 21-34-2-1 ("Board; authority to establish liability or loss insurance reserves") 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 § 21-34-2-1?
A common citation format is "Indiana Code § 21-34-2-1" (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 § 21-34-2-1 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.