Sec. 7. "Jointly held property" means property held in the name of at least two (2) persons under an arrangement in which:
(1) all holders have concurrent interests; and
(2) the last surviving holder is entitled to the whole of the property.
Ind. Code § 32-17.5-2-7
"Jointly held property"
Known as the Uniform Disclaimer of Property Interests Act
The act spans §§ 32-17.5-10-1 to 32-17.5-9-1 (49 sections).
As added by P.L.5-2003, SEC.1.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.