§ 28-11-1-13.5 — Payments by credit card, debit card, or charge card; discharge of liability; department's authority to contract with vendor; vendor transaction charge or discount fee

Indiana § 28-11-1-13.5

• Jurisdiction: Indiana
• Art. 11: DEPARTMENT OF FINANCIAL INSTITUTIONS
• Ch. 1: Establishment of the Department of Financial Institutions

Text

5. (a) The department may accept payment
of any of the following by credit card, debit card, charge card, or
similar method:
(1) A fee established by the department under IC 28-11-3-5.
(2) A penalty assessed by the department under this title or IC 24-4.5.
(3) A fee assessed:
(A) in connection with the director's designation of an
automated central licensing system and repository under IC 24-4.5-3-503(10); and
(B) for:
(i) processing applications and renewals for licenses under IC 24-4.5-3; or
(ii) performing other services that the director determines are
necessary for the orderly administration of the department's
licensing system under IC 24-4.5-3.
(b) If a fee or penalty described in subsection (a) is paid by credit
card, debit card, charge card, or similar method, the liability is not
finally discharged until the department receives payment or credit from
the institution responsible for making the payment or credit.
(c) The department may contract with a bank or credit card vendor
for acceptance of bank or credit cards. If there is a vendor transaction
charge or discount fee, whether billed to the department or charged
directly to the department's account, the department or the bank or
credit card vendor may collect from the person using the bank or credit
card a uniform fee that is determined by the department.

Legislative History

As added by P.L.90-2008, SEC.67.