Indiana § 28-9-2-2 "Adverse claim"

Indiana Statutes

§ 28-9-2-2 — "Adverse claim"

Indiana § 28-9-2-2

Art. 9DEPOSITORY FINANCIAL INSTITUTIONS

Ch. 2Definitions

This text of Indiana § 28-9-2-2 ("Adverse claim") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 28-9-2-2 (2026).

Text

"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.