There Is a Newer Version
of
this Section
2020 Indiana Code
Title 28. Financial Institutions
Article 8. Financial Services
Chapter 5. Cashing Checks
28-8-5-1. Application of Chapter
Universal Citation:
IN Code § 28-8-5-1 (2020)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Sec. 1. (a) This chapter does not apply to a financial institution organized under IC 28 or federal law.
(b) This chapter does not apply to a person principally engaged in the bona fide retail sale of goods or services if:
(1) the person, either incidental to or independent of a retail sale of goods or services, from time to time cashes checks; and
(2) the consideration (as defined in section 3 of this chapter) charged for cashing checks does not exceed five dollars ($5).
As added by P.L.42-1993, SEC.86. Amended by P.L.122-1994, SEC.104; P.L.213-2007, SEC.85; P.L.217-2007, SEC.83; P.L.89-2011, SEC.62.
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
