(a) As used in this chapter, 'qualified account', for purposes of a prize linked savings program, means:(1) a savings account;(2) a time deposit; or(3) a savings program;that is offered by an eligible depository financial institution to an eligible individual.(b) The term includes:(1) an account described in subsection (a) that is a share account; and(2) an account described in subsection (a) in which an eligible individual has an interest:(A) individually; or(B) jointly with another eligible individual.As added by P.L.135-2014, SEC.3.
Indiana Legal Code