Ind. Code § 35-45-5-13

Prize linked savings programs

Indiana · Indiana Code Title 35 — Criminal Law and Procedure · Status: effective

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Citation: Ind. Code § 35-45-5-13, Prize linked savings programs, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1680985
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Sec. 13. 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.