Section 23-32-502 - Scope of subchapter(a) This subchapter applies to accounts in this state.(b) This subchapter does not apply to: (1) An account established for a partnership, joint venture, or other organization for a business purpose;(2) An account controlled by one (1) or more persons as an agent or trustee for a corporation, unincorporated association, or charitable or civic organization; or(3) A fiduciary or trust account in which the relationship is established other than by the terms of the account.