IC 27-10-1-8: "Premium"

Sec. 8. "Premium" means:

(1) currency issued by the United States of America paid to a bail agent prior to the execution of a bail bond;

(2) a check delivered to a bail agent prior to the execution of the bail bond that must be:

(A) properly payable when delivered; and

(B) deposited in the bail agent's bank account; or

(3) a credit card transaction if the bail agent:

(A) accepts the credit card; and

(B) obtains:

(i) authorization from the credit card issuer for the amount due; and

(ii) an approval number from the credit card issuer for the credit card transaction;

before the execution of the bail bond.