(2) A trust account.(b) The term does not include accounts established for deposit of funds of a partnership, joint venture, or other association for business purposes, or accounts controlled by one (1) or more persons as the duly authorized agent or trustee for a corporation, unincorporated association, charitable or civic organization, or a regular fiduciary or trust account where the relationship is established other than by deposit agreement.[Pre-2002 Recodification Citation: 32-4-1.5-1(5).]As added by P.L.2-2002, SEC.2. Amended by P.L.143-2009, SEC.33.
Indiana Legal Code