Sec. 20. (a) Except as provided in subsection (b), a qualified organization shall obtain licensed supplies from an entity licensed by the commission as a distributor.

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Terms Used In Indiana Code 4-32.3-5-20

  • Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
     (b) Subsection (a) does not apply to a reusable licensed supply:

(1) constructed, purchased, or otherwise obtained by a qualified organization before January 1, 2009; or

(2) borrowed at any time from another qualified organization.

     (c) A qualified organization may pay for licensed supplies only with a check drawn on or by an electronic funds transfer from the qualified organization’s gaming account.

As added by P.L.58-2019, SEC.4.