Indiana § 10-12-1-6 - "Net amount paid into the trust fund from the wages of an employee beneficiary"
Full text of Indiana Indiana Code § 10-12-1-6 — "Net amount paid into the trust fund from the wages of an employee beneficiary", with citation guidance and answers to common questions.
§ 10-12-1-6. "Net amount paid into the trust fund from the wages of an employee beneficiary"
Sec. 6. "Net amount paid into the trust fund from the wages of an employee beneficiary" means:
(1) the amount of money paid into the trust fund from the wages of an employee beneficiary, plus interest at the rate of three percent (3%) or more compounded annually; less
(2) any sums, plus interest at the same rate, paid from the trust fund to:
(A) the employee beneficiary;
(B) any person claiming by, through, or under the employee beneficiary; or
(C) any government fund for the credit or benefit of the employee beneficiary.
[Pre-2003 Recodification Citation: 10-1-1.9-5.]
As added by P.L.2-2003, SEC.3.
Frequently Asked Questions About Indiana § 10-12-1-6
What does Indiana Code § 10-12-1-6 cover?
Section 10-12-1-6 (""Net amount paid into the trust fund from the wages of an employee beneficiary"") 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 § 10-12-1-6?
A common citation format is "Indiana Code § 10-12-1-6" (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 § 10-12-1-6 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.