Indiana Code 21-9-2-3. “Account beneficiary”
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Sec. 3. “Account beneficiary” means the individual who is:
(2) designated as the new beneficiary when beneficiaries are changed.
(1) designated as the beneficiary of an account at the time the account is established under this article; and
Terms Used In Indiana Code 21-9-2-3
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
As added by P.L.165-1996, SEC.1. Amended by P.L.25-1999, SEC.1.