Terms Used In Indiana Code 5-10-5.5-20

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Participant: means any officer who has elected to participate in the retirement plan created by this chapter. See Indiana Code 5-10-5.5-1
   Sec. 20. Participation in the retirement plan created by this chapter shall not affect the participant‘s rights and liabilities under the provisions of IC 5-10.1, IC 5-10.2, and IC 5-10.3.

Formerly: Acts 1972, P.L.1, SEC.1. As amended by P.L.25-1986, SEC.29.