13-23-8-1. Repealed
[Pre-1996 Recodification Citation: 13-7-20-33(a).] As added by P.L.1-1996, SEC.13. Amended by P.L.9-1996, SEC.13; P.L.14-2001, SEC.6. Repealed by P.L.96-2016, SEC.22.
13-23-8-2. Repealed
[Pre-1996 Recodification Citation: 13-7-20-33(b).] As added by P.L.1-1996, SEC.13. Amended by P.L.14-2001, SEC.7. Repealed by P.L.96-2016, SEC.23.
13-23-8-3. Repealed
[Pre-1996 Recodification Citation: 13-7-20-33(c).] As added by P.L.1-1996, SEC.13. Amended by P.L.14-2001, SEC.8; P.L.75-2007, SEC.2; P.L.221-2007, SEC.14; P.L.159-2011, SEC.37. Repealed by P.L.96-2016, SEC.24.
13-23-8-4. Payment of Eltf Claims; Assignment of Right to Receive Payment; Action Required Within 45 Days
Sec. 4. (a) The administrator shall pay ELTF claims that are: (1) for costs related to eligible releases; (2) submitted by eligible parties; and (3) submitted in accordance with IC 13-23-8 and IC 13-23-9. (b) An eligible party may assign the right to receive payment of an ELTF claim to another person. (c) Not more […]
13-23-8-4.5. Repealed
As added by P.L.67-1996, SEC.8. Amended by P.L.14-2001, SEC.10. Repealed by P.L.96-2016, SEC.26.
13-23-8-5. Repealed
[Pre-1996 Recodification Citation: 13-7-20-33(e).] As added by P.L.1-1996, SEC.13. Repealed by P.L.96-2016, SEC.27.
13-23-8-6. Payment of Claims if Eltf Balance Is Low
Sec. 6. (a) If the balance in the ELTF drops below twenty-five million dollars ($25,000,000), the administrator shall pay claims according to the priority payment system established by rules adopted by the financial assurance board under IC 13-23-11-7(a)(1)(D). (b) If the balance in the ELTF is insufficient to pay: (1) ELTF claims; and (2) necessary […]
13-23-8-7. Discrimination Prohibited; No Enforceable Right to Payment of Claim
Sec. 7. (a) The department, with respect to payment of claims, may not discriminate against any claimant. However, subject to this chapter, a claimant does not have an enforceable right to the payment of an ELTF claim. (b) This chapter does not create any obligation on the part of the state other than as specifically […]
13-23-8-8. Limits on Payments From the Eltf
Sec. 8. (a) The administrator of the ELTF: (1) shall not pay more than two million five hundred thousand dollars ($2,500,000) from the ELTF per eligible release; and (2) shall not pay any eligible party more than ten million dollars ($10,000,000) from the ELTF per fiscal year. (b) After an eligible party has submitted multiple […]