Section 24-8-1-1 - Applicability of article(a) This article applies to a promotion offer made:(1) by a person in Indiana; or(2) to a person in Indiana.(b) This article 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.Amended by P.L. 186-2015, SEC. 28, eff. 7/1/2015.Amended by P.L. 135-2014, SEC. 2, eff. 3/25/2014.As added by P.L. 233-1989, SEC.1.