Sec. 2. “Adverse claim” includes the following:

(1) A claim to a deposit account that is adverse to the rights or interest of any depositor of the deposit account.

Terms Used In Indiana Code 28-9-2-2

  • Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
(2) A claim to a deposit account that is made in the name of a person other than a person who is named as a depositor of the deposit account.

(3) A claim of authority by a corporate officer or agent to manage, draw on, or control a deposit account, if that claim of authority:

(A) is contrary to the authority indicated in the records of the depository financial institution; or

(B) conflicts with a claim of authority asserted by another person.

(4) The claim of a money judgment creditor against a person who is or may be a depositor.

As added by P.L.258-1989, SEC.2.