308 chapters · 1,929 sections in this title.
Ind. Code § 21-9-7-1 Powers of board
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Sec. 1. In addition to any other powers granted by this article, the board has all powers necessary or convenient to carry out and effectuate the purposes and objectives of this chapter and IC 21-9-8, the purposes and objectives of an education savings program that may be establi…
Ind. Code § 21-9-7-4 Property of account owner
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Sec. 4. Money deposited in an account by the account owner or a contributor and investment returns on an account are the property of the account owner. As added by P.L.165-1996, SEC.1.
Ind. Code § 21-9-7-7 Use of funds as loan security prohibited
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Sec. 7. Funds held in an account of an education savings program that may be established under this article may not be used by an account owner or account beneficiary as security for a loan. As added by P.L.25-1999, SEC.12. Amended by P.L.135-2002, SEC.24.
Ind. Code § 21-9-7-8 Maximum account balance
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Sec. 8. (a) Contributions to an account may not exceed the amount necessary to provide for the qualified higher education expenses of the account beneficiary. (b) The authority shall adopt rules under IC 4-22-2 to determine the maximum account balance applicable to all accounts o…