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IC 5-10.4-7-10 — Separate accounts for each school corporation and each employer group

Chapter 7. School Corporation Reports and Administration

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Section text

Sec. 10. (a) Except as provided in subsection (b), the board shall maintain separate reserve accounts within the 1996 account for each school corporation. (b) If the board sets a group employer rate under IC 5-10.2-2-11(b), the board shall maintain separate reserve accounts within the 1996 account for each employer group. (c) Credits and charges to these accounts must be made as prescribed in IC 5-10.2-2.

As added by P.L.2-2006, SEC.28. Amended by P.L.115-2009, SEC.20.

Source: official publisher (2026 edition)

Sections IC 5-10.4-7-10 cites