Indiana Statutes
§ 32-17-11-22 — Payments; multiple party accounts
(a)Financial institutions may enter into
multiple party accounts to the same extent that they may enter into
single party accounts.
(b)Any multiple party account may be paid, on request, to any one
(1)or more of the parties.
(c)For purposes of establishing net contributions, a financial
institution is not required to inquire as to:
(1)the source of funds received for deposit to a multiple party
account; or
(2)the proposed application of any sum withdrawn from an
account.
[Pre-2002 Recodification Citation: 32-4-1.5-8.]
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Legislative History
As added by P.L.2-2002, SEC.2.
Nearby Sections
15
§ 32-16-1-1
"Prior property law"§ 32-16-1-2
Purpose of recodification§ 32-16-1-3
Statutory construction of recodification§ 32-16-1-4
Effect of recodification§ 32-16-1-5
Recodification of prior property law§ 32-16-1-6
References to repealed statutes§ 32-16-1-7
References to citations§ 32-16-1-8
References to prior rules§ 32-16-1-9
References to prior property law§ 32-17-1-1
"Grantor"§ 32-17-1-2
Fee simple conveyance§ 32-17-1-3
Estates tail; abolition§ 32-17-1-4
Lineal and collateral warranties; abolition§ 32-17-10-1
Application of chapter