Sec. 19. (a) The provisions of section 18 of this chapter as to rights of survivorship are determined by the form of the account at the death of a party.
(b) The form of an account may be altered by written order given by a party to the financial institution to:
(1) change the form of the account; or
(2) stop or vary payment under the terms of the account.
(c) An order or request described in subsection (b) must be:
(1) signed by a party;
(2) received by the financial institution during the party's lifetime; and
(3) not countermanded by another written order of the same party during the party's lifetime.
[Pre-2002 Recodification Citation: 32-4-1.5-5.]
As added by P.L.2-2002, SEC.2.
Structure Indiana Code
Article 17. Interests in Property
Chapter 11. Multiple Party Accounts
32-17-11-2. "Beneficiary" Defined
32-17-11-3. "Financial Institution" Defined
32-17-11-4. "Joint Account" Defined
32-17-11-5. "Multiple Party Account" Defined
32-17-11-6. "Net Contribution" Defined
32-17-11-9. "Proof of Death" Defined
32-17-11-12. "Request" Defined
32-17-11-13. "Sums on Deposit" Defined
32-17-11-14. "Trust Account" Defined
32-17-11-15. "Withdrawal" Defined
32-17-11-16. Application of Certain Sections
32-17-11-17. Ownership of Accounts
32-17-11-18. Ownership of Accounts at Death of Party, Original Payee, or Trustee
32-17-11-19. Rights of Survivorship
32-17-11-20. Certain Transfers Not Testamentary
32-17-11-21.1. Liability for Creditor Claims and Statutory Allowances; Applicable Law
32-17-11-22. Payments; Multiple Party Accounts
32-17-11-23. Payments; Joint Accounts
32-17-11-25. Payments; Trust Accounts
32-17-11-26. Payments; Discharge of Financial Institutions From All Claims
32-17-11-27. Right of Financial Institutions to Set Off Against Accounts
32-17-11-28. Provisions in Certain Agreements Nontestamentary; Creditors' Rights
32-17-11-29. Personal Property Owned as Tenants in Common; Exceptions