Sec. 17. (a) A qualified youth may enter into a contract with a depository financial institution to open a savings or checking account in the qualified youth's name with the consent of a juvenile court with jurisdiction over the qualified youth. (b) A qualified youth who opens a savings or checking account under subsection (a) is: (1) solely responsible for paying all banking-related costs associated with the account; and (2) solely liable for any and all penalties assessed to the qualified youth as the account holder due to the qualified youth's violation of the terms of the account. (c) A qualified youth may not avoid a contract entered into with a depository financial institution under subsection (a) by alleging that the qualified youth was under a legal disability by reason of the qualified youth's age. IC 28-1-23.2 Chapter 23.2. Prize Linked Savings Programs 28-1-23.2-1 "Director" 28-1-23.2-2 "Eligible depository financial institution" 28-1-23.2-3 "Eligible individual" 28-1-23.2-4 "Qualified account" 28-1-23.2-5 "Qualified financial program" 28-1-23.2-6 "Prize linked savings program" 28-1-23.2-7 Required conditions to offer and conduct a prize linked savings program 28-1-23.2-8 Statement describing the terms and conditions of prize linked savings programs 28-1-23.2-9 Director actions
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