reglab/housing_qa huggingface dataset:
IN Code § 28-7-5-36 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 7. Specialized Financial Institutions|Chapter 5. Pawnbrokers|28-7-5-36. Unlawful Transactions

Sec. 36. (a) No pawnbroker shall:(1) receive any pledge or make a purchase from a person under eighteen (18) years of age; or(2) receive any pledge or make a purchase of property that the pawnbroker believes or should have reason to believe is stolen property acquired as a result of a crime.(b) No pawnbroker shall purchase personal property or any other thing of value agreeing to sell the same back to the seller at a price other than the original purchase price, at a total charge, rate of interest, discount, or other remuneration in excess of the rate chargeable under sections 28 and 28.5 of this chapter.(c) If a pawnbroker purchases personal property or any other thing of value agreeing to sell the same back to the seller at a price other than the original purchase price, section 30 of this chapter applies.Formerly: Acts 1935, c.195, s.35; Acts 1973, P.L.264, SEC.4. As amended by P.L.17-1985, SEC.22; P.L.14-1992, SEC.157; P.L.42-1993, SEC.82; P.L.45-1995, SEC.32.
IN Code § 28-7-5-37 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 7. Specialized Financial Institutions|Chapter 5. Pawnbrokers|28-7-5-37. Violations

Sec. 37. A person who violates this chapter commits a Class A misdemeanor.Formerly: Acts 1935, c.195, s.36. As amended by Acts 1978, P.L.2, SEC.2821; P.L.14-1992, SEC.158; P.L.42-1993, SEC.83.
IN Code § 28-7-5-37.5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 7. Specialized Financial Institutions|Chapter 5. Pawnbrokers|28-7-5-37.5. Compliance With Money Laundering Laws; Investigation and Enforcement by the Department

Sec. 37.5. (a) A licensee shall comply with all state and federal money laundering statutes and regulations, including the following as they become applicable to licensees under this chapter:(1) The Bank Secrecy Act (31 U.S.C. 5311 et seq.).(2) The USA Patriot Act of 2001 (P.L. 107-56).(3) Any regulations, policies, or reporting requirements established by the Financial Crimes Enforcement Network of the United States Department of the Treasury.(4) Any other state or federal money laundering statutes or regulations that apply to a licensee.(b) The department shall do the following:(1) To the extent authorized or required by state law, investigate potential violations of, and enforce compliance with, state money laundering statutes or regulations.(2) Investigate potential violations of federal money laundering statutes or regulations and, to the extent authorized or required by federal law:(A) enforce compliance with the federal statutes or regulations; or(B) refer suspected violations of the federal statutes or regulations to the appropriate federal regulatory agencies.As added by P.L.10-2006, SEC.49 and P.L.57-2006, SEC.49.
IN Code § 28-7-5-38 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 7. Specialized Financial Institutions|Chapter 5. Pawnbrokers|28-7-5-38. Violations; Civil Action; Injunctive Relief; Civil Penalties

Sec. 38. The department may bring a civil action, including an action for injunctive relief, on the department's own behalf or on behalf of a pledger, against a person, a business, or a licensee for violating this chapter. If a court finds that the defendant has violated this chapter, the court may assess a civil penalty not to exceed five thousand dollars ($5,000) per violation.As added by P.L.42-1993, SEC.84. Amended by P.L.10-2006, SEC.50 and P.L.57-2006, SEC.50.
IN Code § 28-7-5-38.1 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 7. Specialized Financial Institutions|Chapter 5. Pawnbrokers|28-7-5-38.1. Violations; Civil Penalty

Sec. 38.1. If the department determines, after notice and opportunity to be heard, that a person has violated this chapter, the department may, in addition to or instead of all other remedies available under this chapter, impose on the person a civil penalty that does not exceed ten thousand dollars ($10,000) per violation.As added by P.L.90-2008, SEC.54. Amended by P.L.35-2010, SEC.179.
IN Code § 28-7-5-39 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 7. Specialized Financial Institutions|Chapter 5. Pawnbrokers|28-7-5-39. Confidentiality of Records; Exceptions; Safeguarding of Personal Records; Release of Information to Supervisory Agencies

Sec. 39. (a) Records and information generated by licensees in the course of their business are confidential under IC 5-14-3-4.(b) A law enforcement or prosecutorial official may obtain or receive records and information described in subsection (a) relating to pawnbroking transactions for use in the official law enforcement purpose of investigating crime.(c) Law enforcement officials may disclose the name and address of the pawnbroker to an adverse claimant in the case of a dispute over ownership of property in possession of the pawnbroker.(d) A person licensed or required to be licensed under this chapter is subject to IC 28-1-2-30.5 with respect to any records maintained by the person.(e) The director may provide for the release of information under this chapter to representatives of state, federal, or foreign:(1) financial institution; or(2) money services business;supervisory agencies.As added by P.L.163-2001, SEC.7. Amended by P.L.90-2008, SEC.55.
IN Code § 28-8-1-1 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 1. Bank Service Corporations|28-8-1-1. Definitions

Sec. 1. For the purposes of this chapter:(a) "Department" shall mean the department of financial institutions for the state of Indiana.(b) "Bank services" shall mean check and deposit sorting and posting, computation and posting of interest and other credits and charges, preparation and mailing of checks, statements, notices, and similar items, or any other clerical, bookkeeping, accounting, statistical, or similar functions performed for a bank or trust company.(c) "Bank service corporation" shall mean a corporation organized to perform bank services for two or more banks or trust companies, each of which owns a portion of the capital stock of such corporation.(d) "Invest" shall include any advance of funds to a bank service corporation, whether by the purchase of stock, the making of a loan or loans, or otherwise; provided, however, payment for rent earned, goods sold and delivered, or services rendered prior to the making of such payment shall not be deemed an investment.Formerly: Acts 1963, c.359, s.1. As amended by P.L.263-1985, SEC.201.
IN Code § 28-8-1-1.5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 1. Bank Service Corporations|28-8-1-1.5. Investment in Corporation by Bank or Trust Company Authorized

Sec. 1.5. Notwithstanding any limitation or prohibition otherwise imposed by any provision of the laws of this state, any bank or trust company may invest in a bank service corporation upon the same terms and conditions as are provided by Section 709 of the Garn-St. Germain Depository Institutions Act of 1982 (Public Law 97-320; 96 Stat. 1469) for federally insured banks, and any such bank service corporation may perform the same functions, subject to the same limitations and restrictions, as are prescribed by the Garn-St. Germain Depository Institutions Act of 1982.As added by P.L.267-1983, SEC.2.
IN Code § 28-8-1-2 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 1. Bank Service Corporations|28-8-1-2. Authority of Two or More Banks and Trust Companies to Invest

Sec. 2. Any two (2) or more banks or trust companies may invest in a bank service corporation an amount not to exceed ten percent (10%) of the capital and surplus of each of them as defined in IC 28-1-1.Formerly: Acts 1963, c.359, s.2. As amended by P.L.263-1985, SEC.202; P.L.213-2007, SEC.75; P.L.217-2007, SEC.73.
IN Code § 28-8-1-3 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 1. Bank Service Corporations|28-8-1-3. Continuation With Single Bank or Trust Company as Sole Stockholders

Sec. 3. In the event the stock of a bank service corporation is held by two (2) banks or trust companies, one (1) of the banks or trust companies ceases to use the services of the bank service corporation and ceases to hold stock in such corporation thereby leaving the other bank or trust company the sole stockholder in such corporation, the bank service corporation may continue to function as such and the remaining bank may continue to hold stock in such corporation.Formerly: Acts 1963, c.359, s.3.
IN Code § 28-8-1-4 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 1. Bank Service Corporations|28-8-1-4. Application of Competitive Nonmember Bank or Trust Company for Service; Duties

Sec. 4. Whenever any bank or trust company requests bank service from a bank service corporation which supplies the same type of bank service to other banks or trust companies and the applying bank or trust company is competitive with any bank or trust company which holds stock in the bank service corporation, such corporation must agree to render such services, and either(a) issue stock to the applying bank or trust company and furnish bank services to such applying bank or trust company on the same basis as to other banks or trust companies holding stock in the bank service corporation, or(b) furnish bank services to the applying bank or trust company at rates no higher than necessary to reflect fairly the cost of such services including the reasonable cost of the capital provided to such corporation by its stockholders, at the option of the banking service corporation, unless comparable services at a competitive overall cost are available to the applying bank or trust company from another source, or unless the furnishing of the services sought by the applying bank or trust company would be beyond the practical capacity of the bank service corporation.In any action or proceeding to enforce the duty imposed by this section, or for damages for the breach thereof, the burden shall be upon the bank service corporation to prove the availability of bank services from another source.Formerly: Acts 1963, c.359, s.4.
IN Code § 28-8-1-5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 1. Bank Service Corporations|28-8-1-5. Regulation and Examination

Sec. 5. No bank or trust company subject to examination by the department may cause to be performed, by contract or otherwise, any bank services for itself, either on or off its premises, until such time as assurances are furnished to the department by the bank or trust company and the bank service corporation performing such bank services that the performance thereof will be subject to regulation and examination by the department to the same extent as if such bank services were being performed by the bank or trust company on its own premises.Formerly: Acts 1963, c.359, s.5.
IN Code § 28-8-4-1 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-1. Applicability

Sec. 1. This chapter does not apply to the following:(1) The United States or an instrumentality of the United States.(2) The state, a political subdivision of the state, or an instrumentality of the state or of a political subdivision of the state.(3) A bank, a bank holding company, an industrial loan and investment company, a credit union, a savings association, a savings bank, a mutual bank, or a mutual savings bank organized under the laws of any state or the United States.(4) A stored value card, credit card, or debit card issued by a state or federally chartered financial institution.As added by P.L.42-1993, SEC.85. Amended by P.L.172-1997, SEC.23; P.L.79-1998, SEC.81; P.L.258-2003, SEC.16; P.L.10-2006, SEC.51 and P.L.57-2006, SEC.51; P.L.89-2011, SEC.55; P.L.216-2013, SEC.39.
IN Code § 28-8-4-2 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-2. Applicant

Sec. 2. As used in this chapter, "applicant" means a person filing an application for a license under this chapter.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-3 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-3. Authorized Delegate

Sec. 3. As used in this chapter, "authorized delegate" means an entity designated by a licensee to:(1) sell or issue payment instruments; or(2) engage in the business of transmitting money on behalf of the licensee.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-3.5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-3.5. Closed System Stored Value Card

Sec. 3.5. As used in this chapter, "closed system stored value card" refers to a stored value card the use of which is limited to one (1) or more specified merchants or locations.As added by P.L.10-2006, SEC.52 and P.L.57-2006, SEC.52.
IN Code § 28-8-4-4 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-4. Control

Sec. 4. As used in this chapter, "control" means:(1) ownership; or(2) the power to vote at least twenty-five percent (25%);of the outstanding voting securities of a licensee or controlling person.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-5. Controlling Person

Sec. 5. As used in this chapter, "controlling person" means a person in control of a licensee.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-6 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-6. Department

Sec. 6. As used in this chapter, "department" means the members of the department of financial institutions.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-7 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-7. Director

Sec. 7. As used in this chapter, "director" has the meaning set forth in IC 28-11-2-1.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-8 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-8. Executive Officer

Sec. 8. As used in this chapter, "executive officer" means a person who is or performs the duties of the licensee's:(1) president;(2) chief executive officer;(3) treasurer; or(4) chief financial officer.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-8.5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-8.5. Individual

Sec. 8.5. As used in this chapter, "individual" means a natural person.As added by P.L.216-2013, SEC.40.
IN Code § 28-8-4-9 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-9. Key Shareholder

Sec. 9. As used in this chapter, "key shareholder" means:(1) a person who owns; or(2) a group of persons acting as a unit that own;at least twenty-five percent (25%) of a class of an applicant's stock.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-10 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-10. Licensed Activities

Sec. 10. As used in this chapter, "licensed activities" means money transmission activities:(1) that a licensee engages in:(A) from a place of business in Indiana; or(B) with a consumer who is a resident of Indiana and who enters into the transaction in Indiana; and(2) for which a licensee has obtained a license under this chapter.As added by P.L.42-1993, SEC.85. Amended by P.L.216-2013, SEC.41.
IN Code § 28-8-4-11 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-11. Licensee

Sec. 11. As used in this chapter, "licensee" means a person licensed under this chapter.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-12 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-12. Material Litigation

Sec. 12. As used in this chapter, "material litigation" means litigation that under United States generally accepted accounting principles is considered significant to the financial health of a business and would be required to be referenced in a corporation's or business's annual audited financial statements, report to shareholders, or a similar document.As added by P.L.42-1993, SEC.85. Amended by P.L.69-2018, SEC.60.
IN Code § 28-8-4-13 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-13. Money Transmission

Sec. 13. (a) As used in this chapter, "money transmission" means an activity that:(1) involves:(A) the sale or issuance of payment instruments primarily for personal, family, or household purposes; or(B) engaging in the business of:(i) receiving money for transmission from; or(ii) transmitting money to;any location and by any means, including a payment instrument, wire, facsimile, or electronic transfer, primarily for personal, family, or household purposes; and(2) is performed:(A) from an office or place of business, wherever located; or(B) over the Internet or by any other means of transmission.(b) The term includes any activity described in subsection (a) that is performed by an authorized delegate, wherever located.As added by P.L.42-1993, SEC.85. Amended by P.L.89-2011, SEC.56; P.L.216-2013, SEC.42.
IN Code § 28-8-4-13.8 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-13.8. Organization

Sec. 13.8. As used in this chapter, "organization" means a corporation, a government or governmental subdivision, an agency, a trust, an estate, a partnership, a limited liability company, a cooperative, an association, a joint venture, an unincorporated organization, or any other entity, however organized.As added by P.L.216-2013, SEC.43.
IN Code § 28-8-4-14 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-14. Outstanding Payment Instrument

Sec. 14. As used in this chapter, "outstanding payment instrument" means a payment instrument issued by the licensee that:(1) has been sold in the United States;(2) has been sold:(A) by the licensee; or(B) by an authorized delegate of the licensee and has been reported to the licensee as having been sold; and(3) has not been paid by or on behalf of the licensee.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-15 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-15. Payment Instrument

Sec. 15. (a) As used in this chapter, "payment instrument" means:(1) a check;(2) a draft;(3) a money order;(4) a traveler's check;(5) a stored value card or stored value account, other than a closed system stored value card; or(6) an instrument or written order for the transmission or payment of money;sold or issued to one (1) or more persons, whether such instrument is negotiable.(b) As used in this chapter, "payment instrument" does not include:(1) a credit card voucher;(2) a letter of credit;(3) an instrument that is redeemable by the issuer in goods or services; or(4) a closed system stored value card.As added by P.L.42-1993, SEC.85. Amended by P.L.10-2006, SEC.53 and P.L.57-2006, SEC.53; P.L.129-2020, SEC.19.
IN Code § 28-8-4-16 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-16. Permissible Investments

Sec. 16. As used in this chapter, "permissible investments" means:(1) cash;(2) certificates of deposit or other debt obligations of a financial institution, either domestic or foreign;(3) bills of exchange or time drafts drawn on and accepted by a commercial bank, otherwise known as bankers' acceptances, that are eligible for purchase by member banks of the Federal Reserve system;(4) an investment bearing a rating of one (1) of the three (3) highest grades as defined by a nationally recognized organization that rates such securities;(5) investment securities that are obligations of the United States, its agencies or instrumentalities, or obligations that are guaranteed fully as to principal and interest by the United States, or any obligations of any state, municipality, or any political subdivision thereof;(6) shares in a money market mutual fund, interest-bearing bills or notes or bonds, debentures or stock traded on any national securities exchange or on a national over-the-counter market, or mutual funds primarily composed of such securities;(7) a demand borrowing agreement or agreements made to a corporation or a subsidiary of a corporation whose capital stock is listed on a national exchange;(8) receivables that are due to a licensee from the licensee's authorized delegates under a contract described in section 49 of this chapter, which are not past due or doubtful of collection; or(9) an investment that is approved by the director.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-17 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-17. Person

Sec. 17. As used in this chapter, "person" means an individual or an organization.As added by P.L.42-1993, SEC.85. Amended by P.L.216-2013, SEC.44.
IN Code § 28-8-4-19 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-19. The State

Sec. 19. As used in this chapter, "the state" means Indiana.As added by P.L.42-1993, SEC.85.
IN Code § 28-8-4-19.5 (2021)
2021 Indiana Code|Title 28. Financial Institutions|Article 8. Financial Services|Chapter 4. Money Transmitters|28-8-4-19.5. Stored Value Account or Stored Value Card

Sec. 19.5. As used in this chapter, "stored value account" or "stored value card" means any account, card, or device that:(1) may be used by a holder to:(A) perform financial transactions; or(B) obtain, purchase, or receive money, goods, or services;in an amount or having a value that does not exceed the dollar value of the account, card, or device; and(2) either:(A) in the case of a card or similar device, has a magnetic stripe or computer chip that enables dollar values to be electronically added to or deducted from the dollar value of the card; or(B) in the case of an account, uses an account number unique to the holder for the purposes set forth in subdivision (1).As added by P.L.10-2006, SEC.54 and P.L.57-2006, SEC.54. Amended by P.L.129-2020, SEC.20; P.L.32-2021, SEC.86.