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Indiana Code Title 4. State Offices and Administration § 4-4-28-14

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 14. (a) An account must earn interest at a rate that is competitive in the county where the account is located.

(b) Interest earned on an account during a taxable year is not subject to taxation under IC 6-3 or IC 6-5.5.

(c) An account is a custodial account and is not subject to fees.

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Cite this article: FindLaw.com - Indiana Code Title 4. State Offices and Administration § 4-4-28-14 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-4-state-offices-and-administration/in-code-sect-4-4-28-14/

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