Indiana § 34-18-4-2 - Security; manner of holding; withdrawal
Full text of Indiana Indiana Code § 34-18-4-2 — Security; manner of holding; withdrawal, with citation guidance and answers to common questions.
§ 34-18-4-2. Security; manner of holding; withdrawal
Sec. 2. Security provided under section 1(2) of this chapter may be held in any manner mutually agreeable to the commissioner and the health care provider. The agreement must provide that the principal may not be withdrawn before receiving the written permission of the commissioner. However, any interest earned may be withdrawn at any time by the health care provider.
[Pre-1998 Recodification Citation: 27-12-4-2.]
As added by P.L.1-1998, SEC.13.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 34-18-4-2
What does Indiana Code § 34-18-4-2 cover?
Section 34-18-4-2 ("Security; manner of holding; withdrawal") 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 § 34-18-4-2?
A common citation format is "Indiana Code § 34-18-4-2" (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 § 34-18-4-2 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.