The director may do any of the following:
- (1) Prescribe the form or manner in which an eligible depository financial institution may seek approval from the department to offer a prize linked savings program to eligible individuals.
- (2) Adopt rules, policies, or guidance concerning the conduct of prize linked savings programs in Indiana.
- (3) Examine the conduct of an eligible depository financial institution's prize linked savings program.
- (4) Issue cease and desist orders or otherwise exercise the department's enforcement powers under IC 28-11-4 for a violation of this chapter.
As added by P.L.135-2014, SEC.3.