Indiana Code 6-3-1-30. “Holocaust victim’s settlement payment”

Sec. 30. As used in this chapter, “Holocaust victim’s settlement payment” means a payment received:

(1) as a result of the settlement of the action entitled “In re Holocaust Victims’ Asset Litigation”, (E.D. NY) C.A. No. 96-4849;

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Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Property: includes personal and real property. See Indiana Code 1-1-4-5
Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.

(2) under the German Act Regulating Unresolved Property Claims;

(3) under any other foreign law providing payments for Holocaust claims; or

(4) as a result of the settlement of any other Holocaust claim, including:

(A) insurance claims;

(B) claims relating to looted art;

(D) claims relating to slave labor wages.

As added by P.L.128-1999, SEC.3.