Terms Used In Indiana Code 32-17-11-4

  • account: means a contract of deposit of funds between a depositor and a financial institution. See Indiana Code 32-17-11-1
  • request: means :

    Indiana Code 32-17-11-12

  • Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.
   Sec. 4. As used in this chapter, “joint account” means an account payable on request to one (1) or more of two (2) or more parties whether or not mention is made of any right of survivorship.

[Pre-2002 Recodification Citation: 32-4-1.5-1(4).]

As added by P.L.2-2002, SEC.2.