Terms Used In Indiana Code 10-17-9-14

  • home: refers to the Indiana Veterans' Home. See Indiana Code 10-17-9-0.5
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • superintendent: refers to the superintendent of the Indiana Veterans' Home appointed under section 3. See Indiana Code 10-17-9-0.8
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
   Sec. 14. The superintendent of the Indiana Veterans’ Home may make agreements with instrumentalities of the federal government for application of monetary awards to be applied toward the maintenance charges to provide a sufficient amount of the periodic award to be deposited in the member’s trust account to meet the immediate personal needs of a member. The amount applied toward the settlement of maintenance charges may not exceed the amount specified in section 8 of this chapter.

[Pre-2003 Recodification Citation: 10-6-1-13.]

As added by P.L.2-2003, SEC.8.