Terms Used In Indiana Code 21-32-3.5-1

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
   Sec. 1. As used in this chapter, “retirement liabilities” means the payments to be made to a fund or funds administered by the board of trustees of the Indiana public retirement system for liabilities of a state educational institution resulting from a withdrawal from such a fund or a freezing of participation under such fund under IC 5-10.2-2-20 and IC 5-10.2-2-21.

As added by P.L.213-2015, SEC.241.