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Terms Used In Indiana Code 24-4-19-10

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • jewelry: means personal ornaments made of gold, silver, or platinum that may or may not contain precious, semiprecious, or imitation stones. See Indiana Code 24-4-19-2
   Sec. 10. As used in this chapter, “used jewelry” means jewelry previously purchased at retail, acquired by gift, or obtained in some other fashion by a consumer.

As added by P.L.222-2013, SEC.3.