Indiana Code 12-14-18-1.7. “Holocaust victim’s settlement payment” defined
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Sec. 1.7. As used in this chapter, “Holocaust victim’s settlement payment” means a payment received:
(2) under the German Act Regulating Unresolved Property Claims;
(1) as a result of the settlement of the action entitled “In re Holocaust Victims’ Asset Litigation”, (E.D. NY) C.A. No. 96-4849;
Terms Used In Indiana Code 12-14-18-1.7
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(3) under any other foreign law providing payments for Holocaust claims; or
(4) as a result of the settlement of any other Holocaust claim, including:
(A) insurance claims;
(B) claims relating to looted art;
(C) claims relating to looted financial assets; or
(D) claims relating to slave labor wages.
As added by P.L.128-1999, SEC.16.