Sec. 7. This chapter does not apply to the publication or broadcast of an advertisement, a list of prizes, or other information concerning:
(1) pari-mutuel wagering on horse races or a lottery authorized by the law of any state;
(2) a game of chance operated in accordance with IC 4-32.3;
(3) a gambling game operated in accordance with IC 4-35; or
(4) a prize linked savings program that:
(A) is offered or conducted by an eligible financial institution under IC 28-1-23.2;
(B) is:
(i) offered or conducted by a credit union organized or reorganized under United States law; and
(ii) conducted in the same manner as a prize linked savings program under IC 28-1-23.2; or
(C) is 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);
if the prize linked savings program is conducted in the same manner as a prize linked savings program under IC 28-1-23.2.
As added by P.L.217-1991, SEC.1. Amended by P.L.91-2006, SEC.13; P.L.233-2007, SEC.33; P.L.135-2014, SEC.4; P.L.186-2015, SEC.51; P.L.58-2019, SEC.30.