# Ind. Code § 28-8-6-501: Licensure required; license not assignable or transferable

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-501

## Section

- **Citation:** Ind. Code § 28-8-6-501
- **Heading:** Licensure required; license not assignable or transferable
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 28 / Article 8 / Chapter 6 / Section 28-8-6-501

## Text

Sec. 501. (a) A person may not:

(1) engage in the business of offering or providing earned wage access services; or

(2) advertise, solicit, or hold itself out as offering or providing earned wage access services;

unless the person is licensed under this chapter.

(b) Subsection (a) does not apply to a person that is exempt under section 301 of this chapter and does not engage in the business of offering or providing earned wage access services outside the scope of the exemption.

(c) A license issued under section 503 of this chapter is not transferable or assignable without the approval of the department.

As added by P.L.222-2025, SEC.5.

## Nearby sections

- [Ind. Code § 28-8-6-101 Short title](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-101.md)
- [Ind. Code § 28-8-6-201 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-201.md)
- [Ind. Code § 28-8-6-301 Applicability of chapter](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-301.md)
- [Ind. Code § 28-8-6-302 Submission of documents or information to director to demonstrate exempt from licensure](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-302.md)
- [Ind. Code § 28-8-6-401 Power of director to administer and enforce this chapter](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-401.md)
- [Ind. Code § 28-8-6-402 Confidentiality; reporting of significant or recurring violations of chapter to NMLSR; director's authority to use NMLSR; limitations on confidentiality](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-402.md)
- [Ind. Code § 28-8-6-403 Examination or investigation of a licensee by the director; provision of records to the director by a licensee](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-403.md)
- [Ind. Code § 28-8-6-404 Multistate supervisory processes](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-404.md)
- [Ind. Code § 28-8-6-501 Licensure required; license not assignable or transferable](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-501.md)
- [Ind. Code § 28-8-6-502 Establishment of licensing that is consistent with other states](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-502.md)
- [Ind. Code § 28-8-6-503 Applications for licenses; issuance; evidence of compliance; use of NMLSR; denial of application; right to hearing; fees; license not assignable or transferable; tax warrant list](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-503.md)
- [Ind. Code § 28-8-6-504 National criminal history background check; fingerprints](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-504.md)
- [Ind. Code § 28-8-6-505 Surety bond; requirements; amount](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-505.md)
- [Ind. Code § 28-8-6-506 License renewal; annual renewal fee; renewal report; extension of the renewal date; use of NMLSR](https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-506.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T28_A8_C6_S28-8-6-501. Check the current official text before relying on it. Not legal advice.