IC 12-7-2.1-91 — "Countable asset"
Chapter 2.1. Definitions
Bills citing this section
Section text
Sec. 91. "Countable asset" means the following: (1) For purposes of IC 12-10-10, property that is included in determining assets in the same manner as determining an individual's eligibility for the Medicaid aged and disabled waiver. (2) For purposes of IC 12-20, noncash property that is not necessary for the health, safety, or decent living standard of a household that: (A) is owned wholly or in part by the applicant or a member of the applicant's household; (B) the applicant or the household member has the legal right to sell or liquidate; and (C) includes: (i) real property other than property that is used for the production of income or that is the primary residence of the household; (ii) savings and checking accounts, certificates of deposit, bonds, stocks, and other intangibles that have a net cash value; and (iii) boats, other vehicles, or any other personal property used solely for recreational or entertainment purposes.
As added by P.L.145-2026, SEC.63.
Source: official publisher (2026 edition)