Indiana Statutes

§ 28-8-5-18.5 — Checks drawn on valid accounts and deposited with intent to draw funds

Indiana § 28-8-5-18.5
JurisdictionIndiana
Art. 8FINANCIAL SERVICES
Ch. 5Cashing Checks

This text of Indiana § 28-8-5-18.5 (Checks drawn on valid accounts and deposited with intent to draw funds) 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 § 28-8-5-18.5 (2026).

Text

5.The check in a check cashing transaction, to the best of the licensee's knowledge, must be drawn on a valid, open, and active account and must be deposited by the licensee into a financial institution with the intent to draw the funds of that check.

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Legislative History

As added by P.L.80-1998, SEC.24.

Nearby Sections

15
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Bluebook (online)
Indiana § 28-8-5-18.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/28-8-5-18.5.