Indiana Code 12-11-14-4. “Contracting state”
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Sec. 4. As used in this chapter, “contracting state” means a state that has entered into a contract with Indiana to:
(2) provide residents of Indiana access to the contracting state’s qualified ABLE program.
(1) provide residents of the contracting state access to Indiana’s qualified ABLE program; or
Terms Used In Indiana Code 12-11-14-4
- Contract: A legal written agreement that becomes binding when signed.
- contracting state: means a state that has entered into a contract with Indiana to:
Indiana Code 12-11-14-4
- qualified ABLE program: refers to the achieving a better life experience (ABLE) program established under this chapter under which a person may make contributions for a taxable year for the benefit of an eligible individual to an ABLE account to meet the qualified disability expenses of the designated beneficiary in compliance with Section 529A of the Internal Revenue Code. See Indiana Code 12-11-14-7
As added by P.L.12-2016, SEC.8.