§ 21-9-7-1 Powers of board
§ 21-9-7-4 Property of account owner
§ 21-9-7-7 Use of funds as loan security prohibited
§ 21-9-7-8 Maximum account balance
§ 21-9-7-9 Authorization to adopt rules to establish a penalty
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Terms Used In Indiana Code > Title 21 > Article 9 > Chapter 7 - Indiana Family College Savings Programs

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5