Interest; taxes; fees

Ind. Code § 4-4-28-14
in effect
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Sec. 14. (a) An account must earn interest at a rate that is competitive in the county where the account is located. (b) Interest earned on an account during a taxable year is not subject to taxation under IC 6-3 or IC 6-5.5. (c) An account is a custodial account and is not subject to fees. As added by P.L.15-1997, SEC.1. Amended by P.L.192-2002(ss), SEC.2; P.L.50-2016, SEC.8.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/4Fetched: 10/17/2026
Ind. Code § 4-4-28-14 — Interest; taxes; fees | Indiana Code (Aug. 2026 snapshot) | Corpus