Indiana Statutes

§ 32-17-11-6 — "Net contribution" defined

Indiana § 32-17-11-6
JurisdictionIndiana
Title 32PROPERTY
Art. 17INTERESTS IN PROPERTY
Ch. 11Multiple Party Accounts

This text of Indiana § 32-17-11-6 ("Net contribution" defined) 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 § 32-17-11-6 (2026).

Text

As used in this chapter, "net contribution" of a party to a joint account as of any given time means the sum of:

(1)all deposits made by or for the party; minus
(2)all withdrawals made by or for the party that have not been paid to or applied to the use of any other party; plus
(3)a pro rata share of any interest or dividends included in the current balance. The term includes any proceeds of deposit life insurance added to the account by reason of the death of the party whose net contribution is in question. [Pre-2002 Recodification Citation: 32-4-1.5-1(6).]

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

As added by P.L.2-2002, SEC.2.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Indiana § 32-17-11-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/32-17-11-6.