LawServer Nav Menu

Indiana Code 5-10.5-5-2. Transactions subject to Internal Revenue Code qualification requirements

   Sec. 2. The board’s transactions under this chapter are subject to IC 2-3.5-3-3, IC 5-10-5.5-2.5, IC 5-10.2-2-1.5, IC 33-38-6-13, IC 33-39-7-22, and IC 36-8-8-2.5.

As added by P.L.23-2011, SEC.22.

Indiana Code 5-10-5.5-2. Creation; investment of plan assets

   Sec. 2. (a) There is hereby created a state excise police, gaming agent, gaming control officer, and conservation enforcement officers’ retirement plan to establish a means of providing special retirement, disability and survivor benefits to employees of the department, the Indiana gaming commission, and the commission who are engaged exclusively in the performance of law enforcement duties.

     (b) The assets of the retirement plan created by this section may be commingled for investment purposes with the assets of other funds administered by the board.

Formerly: Acts 1972, P.L.1, SEC.1. As amended by P.L.170-2005, SEC.12; P.L.227-2007, SEC.52; P.L.193-2016, SEC.1.

Terms Used In Indiana Code 5-10-5.5-2

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Board: refers to the board of trustees of the Indiana public retirement system established by Indiana Code 5-10-5.5-1
  • Commission: means the alcohol and tobacco commission. See Indiana Code 5-10-5.5-1
  • Department: means the Indiana department of natural resources. See Indiana Code 5-10-5.5-1
  • Officer: means any Indiana state excise police officer, any Indiana state conservation enforcement officer, any gaming agent, or any gaming control officer. See Indiana Code 5-10-5.5-1