Indiana § 4-24-2-4 - Pledges of annuity property
Full text of Indiana Indiana Code § 4-24-2-4 — Pledges of annuity property, with citation guidance and answers to common questions.
§ 4-24-2-4. Pledges of annuity property
Sec. 4. For the purpose of securing the payment of annuities, the property comprised in the gift may be pledged, by way of mortgage or otherwise, to the annuitant or annuitants for the full period of the life of the annuity or annuities, but the property pledged shall be the sole guarantee and the state shall not be obligated in any manner by such mortgage or other obligation.
Formerly: Acts 1917, c.20, s.4.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-24-2-4
What does Indiana Code § 4-24-2-4 cover?
Section 4-24-2-4 ("Pledges of annuity property") 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 § 4-24-2-4?
A common citation format is "Indiana Code § 4-24-2-4" (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 § 4-24-2-4 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.