32-17-11-13. "Sums on deposit" defined

IN Code § 32-17-11-13 (2019) (N/A)
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Sec. 13. As used in this chapter, "sums on deposit" means the balance payable on a multiple party account, including interest, dividends, and any deposit life insurance proceeds added to the account by reason of the death of a party.

[Pre-2002 Recodification Citation: 32-4-1.5-1(13).]

As added by P.L.2-2002, SEC.2.