S.C. 666, and includes any of the following:(1) A demand deposit account.(2) A checking or negotiable order of withdrawal account.(3) A savings account.(4) A timed deposit account.(5) A money market mutual fund account.(b) As used in this chapter, 'financial institution' has the meaning set forth in 42 U.S.C. 666, and includes the following:(1) A depository institution, as defined in Section 3(c) of the Federal Deposit Insurance Act (12 U.S.C. 1813(c)).(2) An institution affiliated party, as defined in Section 3(u) of the Federal Deposit Insurance Act (12 U.S.C. 1813(u)).(3) A federal or state credit union, as defined in Section 101 of the Federal Credit Union Act (12 U.S.C. 1752), including an institution affiliated party of a credit union (as defined in Section 206(r) of the Act).(4) A benefit association, insurance company, safe deposit company, money market mutual fund, or similar entity authorized to do business in Indiana.As added by P.L.145-2006, SEC.271.
Indiana Legal Code