Ind. Code § 28-1-20.1-1 "Deposit account"
Sec. 1. As used in this chapter, "deposit account" has the meaning set forth in IC 28-9-2-5.
As added by P.L.88-2024, SEC.1.
Ind. Code ch. 28-1-20.1
Ind. Code ch. 28-1-20.1
in effectInd. Code § 28-1-20.1-2 "Deposit account agreement"
Sec. 2. As used in this chapter, "deposit account agreement" means an agreement that:
(1) is between a depository financial institution and a depositor; and
(2) governs a deposit account.
As added by P.L.88-2024, SEC.1.
Ind. Code § 28-1-20.1-3 "Depositor"
Sec. 3. As used in this chapter, "depositor" has the meaning set forth in IC 28-9-2-4.
As added by P.L.88-2024, SEC.1.
Ind. Code § 28-1-20.1-4 "Depository financial institution"
Sec. 4. As used in this chapter, "depository financial institution" has the meaning set forth in IC 28-9-2-6.
As added by P.L.88-2024, SEC.1.
Ind. Code § 28-1-20.1-5 "Written notice"
Sec. 5. As used in this chapter, "written notice" means a notice that is:
(1) in writing;
(2) provided to the depositor in any manner in which the depositor has agreed to receive notices from the depository financial institution; and
(3) sent at least thirty (30) calendar days before the effective date of any change or amendment to the deposit account agreement described in the notice.
As added by P.L.88-2024, SEC.1.
Ind. Code § 28-1-20.1-6 Amendment of a deposit account agreement; depositor's consent to an amendment to a deposit account agreement
Sec. 6. A deposit account agreement may be changed or amended from time to time, subject to the terms of the deposit account agreement. A depositor's continued maintenance of a deposit account after the effective date of any change or amendment to the deposit account agreement, as described in a written notice provided by the depository financial institution to the depositor, constitutes prima facie evidence of the depositor's intent to accept the change or amendment for which notice was provided.
As added by P.L.88-2024, SEC.1.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/28Fetched: 10/17/2026