Indiana Code 28-1-23.2-3. “Eligible individual”
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Sec. 3. As used in this chapter, “eligible individual”, with respect to a prize linked savings program, means an individual who:
(2) is a member of the eligible depository financial institution conducting the prize linked savings program; and
(1) is at least eighteen (18) years of age;
Terms Used In Indiana Code 28-1-23.2-3
- eligible depository financial institution: means a credit union that is organized or reorganized under Indiana law with the express power to receive and accept deposits of money subject to withdrawal by any of the methods set forth in IC 28-1-23-16. See Indiana Code 28-1-23.2-2
- prize linked savings program: means a contest:
Indiana Code 28-1-23.2-6
(3) maintains a qualified account with the eligible depository financial institution conducting the prize linked savings program.
As added by P.L.135-2014, SEC.3.