Section 4-4-28-14 - Interest; taxes; fees(a) An account must earn interest at a rate that is competitive in the county where the account is located.(b) Interest earned on an account during a taxable year is not subject to taxation under IC 6-3 or IC 6-5.5.(c) An account is a custodial account and is not subject to fees.Amended by P.L. 50-2016, SEC. 8, eff. 3/21/2016.As added by P.L. 15-1997, SEC.1. Amended by P.L. 192-2002 (ss), SEC.2.