Sec. 2. (a) The authority is a body corporate and politic. (b) The authority: (1) is not an agency of the state; and (2) is an instrumentality of the state performing essential governmental functions. As added by P.L.165-1996, SEC.1.
Authority as body corporate and politic; not agency of state
Ind. Code § 21-9-3-2, under Chapter 3. Indiana Education Savings Authority.
Ind. Code § 21-9-3-2