Sec. 3. Administration by the Board. After reviewing the actuarial investigation and audit, the board may choose to administer the plan as a trustee in compliance with the law which created the plan. As added by Acts 1977, P.L.53, SEC.3.
Administration by board
Ind. Code § 5-10.3-9-3, under Chapter 9. Administration of Other Retirement Plans.
Ind. Code § 5-10.3-9-3