§ 24-5-12-12 — Registration statement; required information

Indiana § 24-5-12-12

• Jurisdiction: Indiana
• Art. 5: CONSUMER SALES
• Ch. 12: Telephone Solicitations

Text

The registration statement must contain the
following information:
(1) The name of the seller.
(2) Whether the seller is doing business as a corporation, a
partnership, an individual, or another legal entity.
(3) The names under which the seller has done, is doing, or
intends to do business.
(4) The name of any parent or affiliated business that will engage
in business transactions with the prospect or will take
responsibility for statements made by the seller or a salesperson
of the seller.
(5) The names, dates of birth, business addresses, business
telephone numbers, and titles of all the seller's officers, directors,
trustees, general partners, general managers, principals,
executives, and any other person charged with responsibility for
the seller's business activities relating to telephone sales.
(6) The length of time the seller has:
(A) solicited telephone sales; and
(B) solicited telephone sales for the items to be offered to the
prospect.
(7) A statement of the amount to be paid by the prospect, or when
not known, the approximate amount or range of amount to be
paid.
(8) A complete and detailed description of any service that the
seller proposes to undertake to perform for a prospect who
purchases the item offered.
(9) An unexecuted copy of all contracts that may be offered in the
transaction being solicited.
(10) The complete street address or addresses of all locations,
designating the principal location from which the seller will be
conducting business, and, if the principal location is outside
Indiana, a designation of its principal location within Indiana.
(11) A listing of all telephone numbers to be used by the seller
and the address of each location using these numbers.
(12) A copy of all sales scripts the seller requires salespersons to
use when soliciting a prospect or, if no sales script is required to
be used, a statement to that effect.
(13) The name and address of the seller's agent in Indiana,
authorized to receive service of process in Indiana.

Legislative History

As added by P.L.253-1987, SEC.1. Amended by P.L.105-2020, SEC.5.