Indiana Statutes

§ 4-4-28-10 — Number of accounts limited

Indiana·Art. 4 LIEUTENANT GOVERNOR·Ch. 28 Individual Development Accounts
(a)Not more than eight hundred (800) accounts may be established in the state each state fiscal year beginning before July 1, 2009.
(b)Not more than one thousand (1,000) accounts may be established in the state each state fiscal year beginning after June 30, 2009.
(c)A community development corporation or community based organization shall use money that is in an individual development account fund established under section 13 of this chapter to allow a qualified individual on a waiting list maintained by the community development corporation or community based organization to establish an account.

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

Indiana § 4-4-28-10 (Number of accounts limited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.15-1997, SEC.1. Amended by P.L.289-2001, SEC.7; P.L.150-2007, SEC.3; P.L.124-2024, SEC.7.

Nearby Sections

15
View on official source ↗