Indiana Code — Title 6 (Taxation)
IC 6-8-11-12
Authorized account administrators
Sec. 12. The following may be an account administrator under this chapter:
# (1)
A federal or state chartered:
(A) bank;
(B) savings association;
(C) savings bank; or
(D) credit union.
# (2)
A trust company authorized to act as a fiduciary.
# (3)
An insurance company or a health maintenance organization authorized to do business in Indiana under IC 27.
# (4)
A broker-dealer, an agent, or an investment advisor registered under IC 23-19.
# (5)
A person that is licensed as an administrator under IC 27-1-25.
# (6)
An employee welfare benefit plan that is governed by the federal Employee
Retirement Income Security Act, 29 U.S.C. 1001 et seq.
# (7)
An employer that participates in the medical care savings account program.
As added by P.L.92-1995, SEC.2 and P.L.93-1995, SEC.2. Amended by P.L.79-1998,
SEC.14; P.L.160-2003, SEC.1; P.L.27-2007, SEC.6.
Amendment history
As added by P.L.92-1995, SEC.2 and P.L.93-1995, SEC.2. Amended by P.L.79-1998, SEC.14; P.L.160-2003, SEC.1; P.L.27-2007, SEC.6.
Source: view the official text
Nearby sections (25 sections)
- 6-8-11-1 · "Deductible"
- 6-8-11-2 · "Dependent"
- 6-8-11-3 · "Eligible medical expense"
- 6-8-11-4 · "Employee"
- 6-8-11-5 · "Higher deductible"
- 6-8-11-6 · "Medical care savings account" or "account"
- 6-8-11-7 · "Medical care savings account program"
- 6-8-11-8 · "Qualified higher deductible health plan"
- 6-8-11-9 · Powers and duties of employer
- 6-8-11-10 · Requirements
- 6-8-11-11 · Contributions by employee
- 6-8-11-11.5 · Withdrawal of money contributed after December 31, 2015
- 6-8-11-12 · Authorized account administrators
- 6-8-11-13 · Use of funds
- 6-8-11-14 · Prohibited use of funds
- 6-8-11-15 · Reimbursement
- 6-8-11-16 · Advancement of money
- 6-8-11-17 · Withdrawal of money for other purposes
- 6-8-11-18 · Written notice required
- 6-8-11-19 · Money exempt from execution
- 6-8-11-20 · Distribution upon death of employee with no covered
- 6-8-11-21 · Transfer of account
- 6-8-11-22 · Termination of employment
- 6-8-11-23 · Procedures for payment upon termination
- 6-8-11-24 · Distribution upon death of employee with dependents