Indiana Statutes
§ 4-4-28-14 — Interest; taxes; fees
(a)An account must earn interest at a rate that
is competitive in the county where the account is located.
(b)Interest earned on an account during a taxable year is not subject
to taxation under IC 6-3 or IC 6-5.5.
(c)An account is a custodial account and is not subject to fees.
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Legislative History
As added by P.L.15-1997, SEC.1. Amended by
P.L.192-2002(ss), SEC.2; P.L.50-2016, SEC.8.
Nearby Sections
15
§ 4-1-1-1
Dates beginning and ending§ 4-1-1-2
Reports to governor§ 4-1-10-1
Applicability§ 4-1-10-1.5
"Person"§ 4-1-10-11
Attorney general investigation of disclosures; notice to county
prosecutor and state police§ 4-1-10-12
Attorney general determination of infraction; report to appointing
authority and county prosecutor§ 4-1-10-13
Attorney general rulemaking authority§ 4-1-10-2
"State agency"§ 4-1-10-3
Nondisclosure of Social Security number§ 4-1-10-6
State agency compliance