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Indiana Administrative Code (Last Updated: December 20, 2016) |
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Title 329. SOLID WASTE MANAGEMENT DIVISION |
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Article 329IAC11. SOLID WASTE PROCESSING FACILITIES |
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Rule 329IAC11-2. Definitions |
Section 329IAC11-2-10.3. "Face amount" defined
Latest version.
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3. "Face amount" means the total amount the insurer is obligated to pay under the insurance policy. Actual payments by the insurer will not change the face amount, although the insurer's future liability will be lowered by the amount of the payments. (Solid Waste Management Division; 329 IAC 11-2-10.3; filed Jun 28, 2010, 2:11 p.m.: 20100728-IR-329060070FRA; readopted filed Jun 6, 2016, 11:52 a.m.: 20160706-IR-329160144BFA.1)