Sec. 7. Funds held in an account of an education savings program that may be established under this article may not be used by an account owner or account beneficiary as security for a loan.
Ind. Code § 21-9-7-7
Use of funds as loan security prohibited
As added by P.L.25-1999, SEC.12
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.