Indiana § 35-45-5-13 Prize linked savings programs

Indiana Statutes

§ 35-45-5-13 — Prize linked savings programs

Indiana § 35-45-5-13

Art. 45OFFENSES AGAINST PUBLIC HEALTH, ORDER,

Ch. 5Gambling

This text of Indiana § 35-45-5-13 (Prize linked savings programs) 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 § 35-45-5-13 (2026).

Text

This chapter does not apply to a prize linked savings program that:

(1)is offered or conducted by an eligible financial institution under IC 28-1-23.2;

(2)is:

(A)offered or conducted by a credit union organized or reorganized under United States law; and

(B)conducted in the same manner as a prize linked savings program under IC 28-1-23.2; or

(3)is:

(A)offered or conducted by an insured depository institution (as defined in 12 U.S.C. 1813) that is:

(i)a national bank formed under 12 U.S.C. 21;

(ii)a state member bank (as defined in 12 U.S.C. 1813);

(iii)a state nonmember bank (as defined in 12 U.S.C. 1813); or

(iv)a savings association (as defined in 12 U.S.C. 1813); and

(B)conducted in the same manner as a prize linked savings program under IC 28-1-23.2.

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This chapter does not apply to a prize linked
savings program that:
(1) is offered or conducted by an eligible financial institution
under IC 28-1-23.2;
(2) is:
(A) offered or conducted by a credit union organized or
reorganized under United States law; and
(B) conducted in the same manner as a prize linked savings
program under IC 28-1-23.2; or
(3) is:
(A) offered or conducted by an insured depository institution
(as defined in 12 U.S.C. 1813) that is:
(i) a national bank formed under 12 U.S.C. 21;
(ii) a state member bank (as defined in 12 U.S.C. 1813);
(iii) a state nonmember bank (as defined in 12 U.S.C. 1813);
or
(iv) a savings association (as defined in 12 U.S.C. 1813); and
(B) conducted in the same manner as a prize linked savings
program under IC 28-1-23.2.