IC 22-2-12-2 Corporate stock; payment or refund; release of employer Sec. 2. Should said payment or refund made as provided in section 1 of this chapter be comprised in whole or in part of stock in any corporation, such corporation may accept said stock for transfer as directed by the employer, former employer, or the trustee making such payment or refund, and shall be entitled to treat the transferee as the owner of said stock for all purposes unless and until the corporation has received at its home office written notice by or on behalf of some other person that such other person claims to be entitled to such stock or to some interest therein. (Formerly: Acts 1957, c.63, s.2.) As amended by P.L.144-1986, SEC.19.