As used in this chapter, "eligible individual", with respect to a prize linked savings program, means an individual who:

1. (1) is at least eighteen (18) years of age;
2. (2) is a member of the eligible depository financial institution conducting the prize linked savings program; and
3. (3) maintains a qualified account with the eligible depository financial institution conducting the prize linked savings program.

As added by P.L.135-2014, SEC.3.