GroundRules
IC 4-4-28-14: Interest; taxes; fees
Where this section sits in the code
- TITLE 4. STATE OFFICES AND ADMINISTRATION
- ARTICLE 4. LIEUTENANT GOVERNOR
- Chapter 28. Individual Development Accounts
Sec. 14. (a) An account must earn interest at a rate that is competitive in the county where the account is located.
(b) Interest earned on an account during a taxable year is not subject to taxation under IC 6-3 or IC 6-5.5.
(c) An account is a custodial account and is not subject to fees.
Collected 2026-08-30T06:26:00Z. Source file · JSON