Section 32-17-11-5 - "Multiple party account" defined(a) As used in this chapter, "multiple party account" means any of the following types of accounts: (b) The term does not include accounts established for deposit of funds of a partnership, joint venture, or other association for business purposes, or accounts controlled by one (1) or more persons as the duly authorized agent or trustee for a corporation, unincorporated association, charitable or civic organization, or a regular fiduciary or trust account where the relationship is established other than by deposit agreement.Pre-2002 Recodification Citation: 32-4-1.5-1(5).
As added by P.L. 2-2002, SEC.2. Amended by P.L. 143-2009, SEC.33.