Indiana Code 12-14-19-2. Resources used in determining eligibility for assistance
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Sec. 2. (a) If:
(2) the total face value of the resources exceeds one thousand dollars ($1,000);
(1) an applicant for or recipient of assistance under Title XVI of the federal Social Security Act (42 U.S.C. § 1381 et seq.) owns resources described in section 1(1), 1(2), or 1(3) of this chapter; and
Terms Used In Indiana Code 12-14-19-2
- 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.
the value of the resources greater than one thousand dollars ($1,000) may be considered as a resource in determining the applicant’s or recipient’s eligibility for the assistance.
(b) However, a Holocaust victim’s settlement payment received by an eligible individual may not be considered as a resource in determining the applicant’s or recipient’s eligibility for the assistance under this section.
[Pre-1992 Revision Citation: 12-1-7.2-2(b).]
As added by P.L.2-1992, SEC.8. Amended by P.L.128-1999, SEC.19.