Indiana Statutes
§ 24-8-2-8 — "Verifiable retail value" defined
Indiana § 24-8-2-8
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.
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Legislative History
As added by P.L.233-1989, SEC.1.
Nearby Sections
15
§ 24-1-1-3
Offense§ 24-1-1-4
Persons affected by chapter; exception§ 24-1-1-5
Civil suit for damages§ 24-1-1-6
Special grand jury instructions§ 24-1-2-10
Person; definition§ 24-1-2-2
Monopoly; offenseCite 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.