{"data":{"id":"us-in/ic-24-4-20-1","jurisdiction":"us-in","citation":"IC 24-4-20-1","heading":"Definitions","body":"Sec. 1. The following definitions apply throughout this chapter:\n(1) \"Currency\" means a coin made of gold, silver, or other metal or paper money that is or has been used as legal tender.\n(2) \"Foreign entity\" means:\n(A) if the person is a sole proprietor, an individual who does not reside in Indiana; or\n(B) if the person is not a sole proprietor, a person who is not authorized under the laws of Indiana.\n(3) \"Person\" means a sole proprietor, a partnership, a corporation, a limited liability company, or other business entity.\n(4) \"Precious metals bullion\" means bars, ingots, or commemorative medallions of gold, silver, platinum, palladium, or a combination of these materials for which the value of the metal depends on its content and not its form.\n(5) \"Secretary\" refers to the secretary of state.","path":["TITLE 24. TRADE REGULATION","ARTICLE 4. REGULATED BUSINESSES","Chapter 20. Foreign Sellers of Precious Metals Bullion and Currency"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-4-20-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"9ca724b924e90eed942af2969e4b0f755cf08ec00c170ca25d8596dd99a6866c","source_id":"us-in","stale":false,"prev":"us-in/ic-24-4-19-21","next":"us-in/ic-24-4-20-2"},"notice":"GroundRules: Original legal text. Not legal advice."}