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IC 21-9-2-4 — "Account owner"

Chapter 2. Definitions

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Sec. 4. "Account owner" means the individual, an emancipated minor, a trust, an estate, a partnership, an association, a company, a corporation, or a qualified custodian under the Uniform Transfers to Minors act (IC 30-2-8.5) that is designated as having the right to do the following: (1) Select or change the designated beneficiary of an account. (2) Designate a person other than the designated beneficiary as a person to whom funds may be paid from the account. (3) Receive distributions from the account if no other person is designated.

As added by P.L.165-1996, SEC.1. Amended by P.L.25-1999, SEC.2; P.L.135-2002, SEC.4.

Source: official publisher (2026 edition)

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