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Terms Used In Indiana Code 30-2-16-8

  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • static balance: means an amount held by a payroll savings plan administrator for a participant who:

    Indiana Code 30-2-16-4

   Sec. 8. The maximum charge that may be imposed on an account with a static balance is one dollar ($1) per month.

As added by P.L.141-2005, SEC.27.