2017 Indiana Code
TITLE 32. Property
ARTICLE 17. INTERESTS IN PROPERTY
CHAPTER 11. Multiple Party Accounts
32-17-11-12. "Request" defined

Universal Citation: IN Code § 32-17-11-12 (2017)
IC 32-17-11-12 "Request" defined

     Sec. 12. As used in this chapter, "request" means:

(1) a proper request for withdrawal; or

(2) a check or order for payment;

that complies with all conditions of the account, including special requirements concerning necessary signatures and regulations of the financial institution. If the financial institution conditions withdrawal or payment on advance notice, for purposes of this section, the request for withdrawal or payment is treated as immediately effective and a notice of intent to withdraw is treated as a request for withdrawal.

[Pre-2002 Recodification Citation: 32-4-1.5-1(12).]

As added by P.L.2-2002, SEC.2.

 

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