There Is a Newer Version
of
this Section
2020 Indiana Code
Title 28. Financial Institutions
Article 8. Financial Services
Chapter 5. Cashing Checks
28-8-5-18.5. Checks Drawn on Valid Accounts and Deposited With Intent to Draw Funds
Universal Citation:
IN Code § 28-8-5-18.5 (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. 18.5. 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.
As added by P.L.80-1998, SEC.24.
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.
