Ind. Code § 30-2-16-3

Current through P.L. 171-2024

Section 30-2-16-3 - "Payroll savings plan administrator"

As used in this chapter, "payroll savings plan administrator" means an organization that:

(1) has been qualified by the Federal Reserve Bank or the Bureau of the Public Debt under 31 CFR Part 317 to sell United States savings bonds; and

(2) operates payroll savings plans on behalf of employers for the purchase of United States savings bonds.

IC 30-2-16-3

As added by P.L. 141-2005, SEC.27.