Indiana Code § 33-39-7-10

Fund construed as trust; purpose
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Sec. 10. The fund shall be construed to be a trust, separate and distinct from all other entities, maintained to: (1) secure payment of benefits to the participants and their beneficiaries; and (2) pay the costs of administering this chapter. [Pre-2004 Recodification Citation: 33-14-9-9.]

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