Indiana Statutes

§ 28-15-1-5 — "Deposit account"

Indiana·Art. 15 SAVINGS ASSOCIATIONS·Ch. 1 Definitions
(a)"Deposit account":
(1)means the total monetary interest of a depositor in a savings association; and
(2)consists of the withdrawal value of such interest.
(b)For the purposes of IC 28, a "share account" in a share account association organized and existing before January 1, 1997, has the same meaning as a deposit account.

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Legislative History

As added by P.L.193-1997, SEC.2.

Nearby Sections

15
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