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Ind. Code § 6-8-11-16

Advancement of money

As added by P.L.92-1995, SEC.2 and P.L.93-1995, SEC.2.

Sec. 16. An employer that makes contributions to a medical care savings account program on a periodic installment basis may advance to an employee, interest free, an amount necessary to cover unpaid eligible medical expenses that exceed the amount in the employee's medical care savings account if the employee agrees to repay the advance:

(1) from future installments; or

(2) when the employee ceases to be an employee of the employer.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.