Sec. 1. (a) This chapter applies to a payment card transaction that is initiated after September 30, 2024, at a firearms retailer that is physically located in Indiana.

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Terms Used In Indiana Code 24-5-27.5-1

  • firearms retailer: means any person that:

    Indiana Code 24-5-27.5-10

  • Indiana consumer: means a:

    Indiana Code 24-5-27.5-12

  • payment card: means :

    Indiana Code 24-5-27.5-14

  • payment card transaction: means a transaction in which a consumer uses a payment card to purchase or obtain goods, services, money, or any other thing of value. See Indiana Code 24-5-27.5-17
     (b) This chapter does not apply to a payment card transaction that is initiated at a firearms retailer’s physical location outside Indiana regardless of whether the:

(1) purchaser in the payment card transaction is an Indiana consumer; or

(2) firearms retailer has at least one (1) physical location in Indiana.

As added by P.L.132-2024, SEC.4.