Ind. Code § 32-17-11-8

Current through P.L. 171-2024

Section 32-17-11-8 - "Payment" defined

As used in this chapter, "payment" of sums on deposit includes the following:

(1) Withdrawal.

(2) Payment on check or other directive of a party.

(3) Any pledge of sums on deposit by a party.

(4) Any set-off, reduction, or other disposition of all or part of any account pursuant to a pledge.

IC 32-17-11-8

Pre-2002 Recodification Citation: 32-4-1.5-1(8).

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