Sec. 6. For the purpose of discharging its duties under this chapter, the authority of a transferring entity acting as agent for an owner of property subject to a transfer on death transfer does not cease at the death of the owner. The transferring entity shall transfer the property to the designated beneficiary in accordance with the beneficiary designation and this chapter.
Ind. Code § 32-17-14-6
Authority of a transferring entity
Known as the Transfer on Death Property Act
The act spans §§ 32-17-14-0.2 to 32-17-14-9 (35 sections).
As added by P.L.143-2009, SEC.41.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.