Indiana Statutes

§ 24-8-2-8 — "Verifiable retail value" defined

Indiana § 24-8-2-8
JurisdictionIndiana
Art. 8PROMOTIONAL GIFTS AND CONTESTS
Ch. 2Definitions

This text of Indiana § 24-8-2-8 ("Verifiable retail value" defined) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 24-8-2-8 (2026).

Text

"Verifiable retail value" means:

(1)a price at which a promoter or sponsor can demonstrate that a substantial number of prizes have been sold at retail by a person other than the promoter or sponsor; or
(2)if substantiation described in this section is not available to a promoter or sponsor, no more than one and one-half (1.5) times the amount a promoter or sponsor paid for a prize.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

As added by P.L.233-1989, SEC.1.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Indiana § 24-8-2-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-8-2-8.