§ 28-1-29-0.5 — Inapplicability; attorneys; depository financial institutions; third-party bill paying services

Indiana § 28-1-29-0.5

• Jurisdiction: Indiana
• Art. 1: DEPARTMENT OF FINANCIAL INSTITUTIONS
• Ch. 29: Debt Management Companies

Text

5. (a) This chapter does not apply to:
(1) an attorney at law authorized to practice in Indiana; or
(2) persons under the supervision and control of an attorney at law
authorized to practice in Indiana;
to the extent the attorney's debt management services are incidental to
the attorney's practice of law.
(b) This chapter does not apply to a depository financial institution
(as defined in IC 28-1-1-6).
(c) This chapter does not apply to a third-party bill paying service
with which the customer contracts solely for the customer's
convenience of paying routine bills, in an arrangement in which the
customer retains full control over all funds deposited. The types of
payments made by a bill paying service are exempt from this chapter
as long as the company's actions are not an attempt, as determined by
the director, to circumvent limitations under this chapter.

Legislative History

As added by P.L.35-2010, SEC.118. Amended by P.L.216-2013, SEC.19.