Indiana § 34-18-14-5 - Limitations on recovery from fund; direct payments; periodic payments
Full text of Indiana Indiana Code § 34-18-14-5 — Limitations on recovery from fund; direct payments; periodic payments, with citation guidance and answers to common questions.
§ 34-18-14-5. Limitations on recovery from fund; direct payments; periodic payments
Sec. 5. (a) If the possible liability of the fund to the patient is discharged solely through a direct payment made under IC 34-18-15-1, the limitations on recovery from the patient's compensation fund established under section 3 of this chapter apply without adjustment.
(b) If an agreement is made to discharge the fund's possible liability to the patient through a periodic payments agreement, the amount of the patient's recovery from the fund is:
(1) the amount of any immediate payment made directly to the patient from the fund; plus
(2) the cost of the periodic payments agreement paid by the commissioner on behalf of the fund;
for the purposes of the limitations on recovery from the fund established under section 3 of this chapter.
[Pre-1998 Recodification Citation: 27-12-14-5.]
As added by P.L.1-1998, SEC.13.
IC 34-18-15Chapter 15. Payment From the Patient's Compensation Fund
34-18-15-1Discharge of obligations 34-18-15-2Periodic payments; combined payments 34-18-15-3Demand in excess of policy limits; procedure 34-18-15-4Failure to pay settlement or judgment
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 34-18-14-5
What does Indiana Code § 34-18-14-5 cover?
Section 34-18-14-5 ("Limitations on recovery from fund; direct payments; periodic payments") 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 § 34-18-14-5?
A common citation format is "Indiana Code § 34-18-14-5" (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 § 34-18-14-5 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.