Indiana § 5-13-4-7 "Deposit accounts"

Indiana Statutes

§ 5-13-4-7 — "Deposit accounts"

Indiana § 5-13-4-7

Title 5STATE AND LOCAL ADMINISTRATION

Art. 13INVESTMENT OF PUBLIC FUNDS

Ch. 4Definitions

This text of Indiana § 5-13-4-7 ("Deposit accounts") 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 § 5-13-4-7 (2026).

Text

Except as provided in IC 5-13-9-5.3, "deposit accounts" means any of the following:

(1)Any account subject to withdrawal by negotiable orders of withdrawal, unlimited as to amount or number, and without penalty, including NOW accounts.

(2)Passbook savings accounts.

(3)Certificates of deposit.

(4)Money market deposit accounts.

(5)Any interest bearing account that is authorized to be set up and offered by a financial institution in the course of its respective business.

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Except as provided in IC 5-13-9-5.3, "deposit
accounts" means any of the following:
(1) Any account subject to withdrawal by negotiable orders of
withdrawal, unlimited as to amount or number, and without
penalty, including NOW accounts.
(2) Passbook savings accounts.
(3) Certificates of deposit.
(4) Money market deposit accounts.
(5) Any interest bearing account that is authorized to be set up
and offered by a financial institution in the course of its respective
business.