Ind. Code § 28-6.2-1-21

Current through P.L. 171-2024

Section 28-6.2-1-21 - "Stock benefit plan" defined

"Stock benefit plan" means any defined benefit plan or defined contribution plan. The term includes:

(1) an employee stock ownership plan;

(2) a stock bonus plan;

(3) a profit-sharing plan; or

(4) any other plan of a mutual holding company or any of its subsidiaries or affiliates;

whether or not the plan, with its related trust, meets the qualifying requirements under section 401 of the Internal Revenue Code.

IC 28-6.2-1-21

As added by P.L. 122-1994, SEC.101.