Indiana Statutes

§ 32-34-1.5-27 — Good faith payment or delivery of property

Indiana § 32-34-1.5-27
JurisdictionIndiana
Title 32PROPERTY
Art. 34LOST OR UNCLAIMED PERSONAL PROPERTY
Ch. 1.5Revised Unclaimed Property Act

This text of Indiana § 32-34-1.5-27 (Good faith payment or delivery of property) 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 § 32-34-1.5-27 (2026).

Text

In this chapter, payment or delivery of property is made in good faith if a holder:

(1)had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the attorney general under this chapter; or
(2)made payment or delivery:
(A)in response to a demand by the attorney general or the attorney general's agent; or
(B)under a guidance or ruling issued by the attorney general which the holder reasonably believed required or permitted the property to be paid or delivered.

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Legislative History

As added by P.L.141-2021, SEC.20.

Nearby Sections

15
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Bluebook (online)
Indiana § 32-34-1.5-27, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/32-34-1.5-27.