§ 31-25-4-3 — "Account"

Indiana § 31-25-4-3

• Jurisdiction: Indiana
• Art. 25: CHILD SERVICES: ADMINISTRATION
• Ch. 4: Child Support Provisions of Title IV-D of the Federal

Text

(a) As used in this chapter with regard to a
financial institution data match, "account" has the meaning set forth in
42 U.S.C. 666, and includes any of the following:
(1) A demand deposit account.
(2) A checking or negotiable order of withdrawal account.
(3) A savings account.
(4) A timed deposit account.
(5) A money market mutual fund account.
(b) As used in this chapter, "financial institution" has the meaning
set forth in 42 U.S.C. 666, and includes the following:
(1) A depository institution, as defined in Section 3(c) of the
Federal Deposit Insurance Act (12 U.S.C. 1813(c)).
(2) An institution affiliated party, as defined in Section 3(u) of the
Federal Deposit Insurance Act (12 U.S.C. 1813(u)).
(3) A federal or state credit union, as defined in Section 101 of the
Federal Credit Union Act (12 U.S.C. 1752), including an
institution affiliated party of a credit union (as defined in Section
206(r) of the Act).
(4) A benefit association, insurance company, safe deposit
company, money market mutual fund, or similar entity authorized
to do business in Indiana.

Legislative History

As added by P.L.145-2006, SEC.271.