Current through P.L. 171-2024
Section 30-2-13-11.5 - "Cash advance item"(a) As used in this chapter, "cash advance item" means an item of property, or services, or merchandise that is not sold directly by a seller and is described to a purchaser as one (1) of the following:(4) An estimated future charge by a third party.(b) The term also refers to a service or property obtained from a third party for which the seller collects an estimated payment to be held in trust or escrow until services or merchandise subject to a contract are delivered because the cost of the service or property can only be estimated at the time the contract is made.(c) Cash advance items include the following:(1) Cemetery or crematory services.(3) Public transportation.(6) Musicians or singers.(12) Foreign language interpreters.(13) Religious commemorative services.(14) Fees charged for the following:(B) Opening and closing of a grave or crypt.(d) If property or services are not cash advance items under this section, they are services or merchandise under section 8 of this chapter.As added by P.L. 114-1999, SEC.7.