Indiana § 28-9-2-2 "Adverse claim"

Indiana Statutes

§ 28-9-2-2 — "Adverse claim"

Indiana·Art. 9 DEPOSITORY FINANCIAL INSTITUTIONS·Ch. 2 Definitions

"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.

(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.

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"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.
(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.

Indiana § 28-9-2-2 ("Adverse claim") — published by Counsel Stack Legal Research, free access to 12M+ legal documents.