Ind. Code § 32-34-1.5-27
Good faith payment or delivery of property
Indiana · Indiana Code Title 32 — Property · Status: effective
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- Citation
- Ind. Code § 32-34-1.5-27, Good faith payment or delivery of property, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1673552
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Full text
Sec. 27. In this chapter, payment or delivery of property is made in good faith if a holder:
(1) had a reasonable basis for believing, based on the facts then known, that the property was required or permitted to be paid or delivered to the attorney general under this chapter; or
(2) made payment or delivery:
(A) in response to a demand by the attorney general or the attorney general's agent; or
(B) under a guidance or ruling issued by the attorney general which the holder reasonably believed required or permitted the property to be paid or delivered.