Indiana Statutes

§ 28-8-4.1-405 — Federal law governing money transmission; state law preempted to extent of inconsistency; director's authority to provide interpretive guidance

Indiana § 28-8-4.1-405
JurisdictionIndiana
Art. 8FINANCIAL SERVICES
Ch. 4.1Money Transmission Modernization Act

This text of Indiana § 28-8-4.1-405 (Federal law governing money transmission; state law preempted to extent of inconsistency; director's authority to provide interpretive guidance) 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 § 28-8-4.1-405 (2026).

Text

(a)In the event state money transmission jurisdiction is conditioned on a federal law, any inconsistencies between a provision of this chapter and the federal law governing money transmission shall be governed by the applicable federal law to the extent of the inconsistency.
(b)In the event of any inconsistencies between this chapter and a federal law that governs under subsection (a), the director may provide interpretive guidance that:
(1)identifies the inconsistency; and
(2)identifies the appropriate means of compliance with federal law.

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Legislative History

As added by P.L.198-2023, SEC.4.

Nearby Sections

15
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Bluebook (online)
Indiana § 28-8-4.1-405, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-8-4.1-405.