Sec. 29. (a) This chapter does not limit the rights of an owner’s creditors against beneficiaries and other transferees that may be available under any other applicable Indiana law.

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Terms Used In Indiana Code 32-17-14-29

  • 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
     (b) The liability of a beneficiary for creditor claims and statutory allowances is determined under IC 32-17-13.

As added by P.L.143-2009, SEC.41.

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