Indiana Statutes

§ 4-24-2-4 — Pledges of annuity property

Indiana § 4-24-2-4
JurisdictionIndiana
Art. 24INSTITUTIONS─GENERAL PROVISIONS
Ch. 2Gifts; Acceptance and Return of Annuity to Donor

This text of Indiana § 4-24-2-4 (Pledges of annuity 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 § 4-24-2-4 (2026).

Text

For the purpose of securing the payment of annuities, the property comprised in the gift may be pledged, by way of mortgage or otherwise, to the annuitant or annuitants for the full period of the life of the annuity or annuities, but the property pledged shall be the sole guarantee and the state shall not be obligated in any manner by such mortgage or other obligation. Formerly: Acts 1917, c.20, s.4.

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Indiana § 4-24-2-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/4-24-2-4.