Indiana § 4-4-28-10 - Number of accounts limited
Full text of Indiana Indiana Code § 4-4-28-10 — Number of accounts limited, with citation guidance and answers to common questions.
§ 4-4-28-10. Number of accounts limited
Sec. 10. (a) Not more than eight hundred (800) accounts may be established in the state each state fiscal year beginning before July 1, 2009.
(b) Not more than one thousand (1,000) accounts may be established in the state each state fiscal year beginning after June 30, 2009.
(c) A community development corporation or community based organization shall use money that is in an individual development account fund established under section 13 of this chapter to allow a qualified individual on a waiting list maintained by the community development corporation or community based organization to establish an account.
As added by P.L.15-1997, SEC.1. Amended by P.L.289-2001, SEC.7; P.L.150-2007, SEC.3; P.L.124-2024, SEC.7.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-4-28-10
What does Indiana Code § 4-4-28-10 cover?
Section 4-4-28-10 ("Number of accounts limited") 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 § 4-4-28-10?
A common citation format is "Indiana Code § 4-4-28-10" (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 § 4-4-28-10 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.