Payments required to be made to accounts in certain banks, trust
companies, and other institutions
Sec. 2. It is unlawful to enter into any agreement or contract for
a purpose described in section 1 of this chapter unless the agreement
or contract requires that all payments be made by the settlor to an
account in a:
(1) bank;
(2) trust company;
(3) savings association; or
(4) credit union;
whose principal office is in Indiana.
As added by Acts 1982, P.L.179, SEC.2. Amended by P.L.79-1998,
SEC.93.
Last modified: May 27, 2006