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.
Structure Indiana Code
Title 28. Financial Institutions
28-8-5-1. Application of Chapter
28-8-5-2.5. Check Cashing Transaction
28-8-5-6. Licensed Casher of Checks
28-8-5-10. Resolutions for Administration of Chapter
28-8-5-11. License Required; Application; Contents; Tax Warrant List; Application Fee
28-8-5-12. Issuance and Refusal of Licenses; Evidence of Compliance; Criminal Background Checks
28-8-5-13. Licenses Not Transferable or Assignable
28-8-5-14. Expiration of Licenses
28-8-5-16. Check Cashing Requirements
28-8-5-17. Check Cashing Fee Limitations
28-8-5-18. Record Keeping; Duty to Safeguard Personal Records
28-8-5-18.2. Carrying on Other Business
28-8-5-18.4. Felony Convictions or Pleas; Notice to Department
28-8-5-18.5. Checks Drawn on Valid Accounts and Deposited With Intent to Draw Funds
28-8-5-20. Investigation Procedures
28-8-5-21. Examination of Records Located Outside Indiana
28-8-5-21.1. Applicability of Law Governing Administrative Orders and Procedures; Venue
28-8-5-22.5. Failure to File Renewal Form or Pay Renewal Fee; Revocation or Suspension of License
28-8-5-23. Investigations; Void Check Cashing Transactions
28-8-5-24. Civil Penalties; Civil Action by Department
28-8-5-24.5. Compliance With Money Laundering Laws; Investigation and Enforcement by Department