Sec. 4. "Account owner" means the individual, an emancipated minor, a trust, an estate, a partnership, an association, a company, a corporation, or a qualified custodian under the Uniform Transfers to Minors act (IC 30-2-8.5) that is designated as having the right to do the following:
(1) Select or change the designated beneficiary of an account.
(2) Designate a person other than the designated beneficiary as a person to whom funds may be paid from the account.
(3) Receive distributions from the account if no other person is designated.
As added by P.L.165-1996, SEC.1. Amended by P.L.25-1999, SEC.2; P.L.135-2002, SEC.4.
Structure Indiana Code
Article 9. Education Savings Programs
21-9-2-1. Applicability of Definitions
21-9-2-2. "Account" or "Individual Account"
21-9-2-3. "Account Beneficiary"
21-9-2-6. "Administrative Account"
21-9-2-11. "Education Savings Program"
21-9-2-14. "Financial Institution"
21-9-2-15. "General Operating Fund"
21-9-2-16.5. "Internal Revenue Code"
21-9-2-17.5. "Member of the Family"
21-9-2-19.5. "Qualified Higher Education Expenses"