Indiana Code 30-2-16-2. “Payroll savings plan”
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Terms Used In Indiana Code 30-2-16-2
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
Sec. 2. As used in this chapter, “payroll savings plan” means a method provided by an employer to the employer’s employees for the voluntary purchase of United States savings bonds on a regular schedule through the designation of an amount to be deducted each pay period until a sufficient amount accumulates to pay the purchase price of at least one (1) United States savings bond.
As added by P.L.141-2005, SEC.27.