Sec. 8. As used in this chapter, "payment" of sums on deposit includes the following:
(1) Withdrawal.
(2) Payment on check or other directive of a party.
(3) Any pledge of sums on deposit by a party.
(4) Any set-off, reduction, or other disposition of all or part of any account pursuant to a pledge.
[Pre-2002 Recodification Citation: 32-4-1.5-1(8).]
As added by P.L.2-2002, SEC.2.