Indiana § 32-17-11-16 - Application of certain sections
Full text of Indiana Indiana Code § 32-17-11-16 — Application of certain sections, with citation guidance and answers to common questions.
§ 32-17-11-16. Application of certain sections
Sec. 16. (a) The provisions of sections 17, 18, and 19 of this chapter concerning beneficial ownership as between parties, or as between parties and beneficiaries of multiple party accounts:
(1) apply only to controversies between:
(A) the parties or the beneficiaries of multiple party accounts; and
(B) creditors and other successors of:
(i) the parties; or
(ii) the beneficiaries of multiple party accounts; and
(2) do not affect the power of withdrawal of the parties or the beneficiaries of multiple party accounts as determined by the terms of account contracts.
(b) The provisions of sections 22 through 27 of this chapter govern the liability and set-off rights of financial institutions that make payments under sections 22 through 27 of this chapter.
[Pre-2002 Recodification Citation: 32-4-1.5-2.]
As added by P.L.2-2002, SEC.2. Amended by P.L.143-2009, SEC.35.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 32-17-11-16
What does Indiana Code § 32-17-11-16 cover?
Section 32-17-11-16 ("Application of certain sections") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 32-17-11-16?
A common citation format is "Indiana Code § 32-17-11-16" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 32-17-11-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.