Current through P.L. 171-2024
Section 28-9-5-2 - Indemnification of depository financial institution by adverse claimantIf a depository financial institution:
(1) has responded in good faith to an adverse claimant under this article; and(2) is held liable to a depositor or another person by reason of the failure of the depository financial institution to treat a deposit account in accordance with an agreement made between the depository financial institution and a depositor; the depository financial institution is entitled to indemnification from the adverse claimant for the full amount of damages incurred by the depository financial institution, including attorney's fees.
As added by P.L. 258-1989, SEC.2.