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).]
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.