Indiana § 21-9-2-4 "Account owner"

Indiana Statutes

§ 21-9-2-4 — "Account owner"

Indiana·Title 21 HIGHER EDUCATION·Art. 9 EDUCATION SAVINGS PROGRAMS·Ch. 2 Definitions

"Account owner" means the individual, an emancipated minor, a trust, an estate, a partnership, an association, a company, a corporation, or a qualified custodian under the Uniform Transfers to Minors act (IC 30-2-8.5) that is designated as having the right to do the following:

(1)Select or change the designated beneficiary of an account.

(2)Designate a person other than the designated beneficiary as a person to whom funds may be paid from the account.

(3)Receive distributions from the account if no other person is designated.

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"Account owner" means the individual, an
emancipated minor, a trust, an estate, a partnership, an association, a
company, a corporation, or a qualified custodian under the Uniform
Transfers to Minors act (IC 30-2-8.5) that is designated as having the
right to do the following:
(1) Select or change the designated beneficiary of an account.
(2) Designate a person other than the designated beneficiary as a
person to whom funds may be paid from the account.
(3) Receive distributions from the account if no other person is
designated.

Indiana § 21-9-2-4 ("Account owner") — published by Counsel Stack Legal Research, free access to 12M+ legal documents.