32-17.5-2-7. "Jointly held property"

IN Code § 32-17.5-2-7 (2019) (N/A)
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Sec. 7. "Jointly held property" means property held in the name of at least two (2) persons under an arrangement in which:

(1) all holders have concurrent interests; and

(2) the last surviving holder is entitled to the whole of the property.

As added by P.L.5-2003, SEC.1.