Ind. Code § 28-6.2-1-21
"Stock benefit plan" defined
Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective
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- Citation
- Ind. Code § 28-6.2-1-21, "Stock benefit plan" defined, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1666482
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Full text
Sec. 21. "Stock benefit plan" means any defined benefit plan or defined contribution plan. The term includes:
(1) an employee stock ownership plan;
(2) a stock bonus plan;
(3) a profit-sharing plan; or
(4) any other plan of a mutual holding company or any of its subsidiaries or affiliates;
whether or not the plan, with its related trust, meets the qualifying requirements under section 401 of the Internal Revenue Code.