§ 28-8-6-301 — Applicability of chapter

Effective 1-1-2026.
Sec. 301. This chapter does not apply to the
following:
(1) A federally insured depository financial institution, which may
provide earned wage access services in Indiana without obtaining
a license under this chapter.
(2) An individual employed by:
(A) a licensee; or
(B) a person exempt from the licensing requirements of this
chapter;
when acting within the scope of employment and under the
supervision of the licensee or exempt person as an employee and
not as an independent contractor.
(3) An employer that offers a portion of salary, wages,
compensation, or other income directly to its employees or
independent contractors before the normally scheduled pay date.

Legislative History

As added by P.L.222-2025, SEC.5.