Ind. Code § 32-34-1.5-27

Current through P.L. 171-2024
Section 32-34-1.5-27 - Good faith payment or delivery of property

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.

IC 32-34-1.5-27

Added by P.L. 141-2021,SEC. 20, eff. 7/1/2021.