CHAPTER 5. PRIZES
IC 24-8-5
Chapter 5. Prizes
IC 24-8-5-1
Substitutions for unavailable prizes; applicability to certain book,
record, video, and magazine promotions
Sec. 1. (a) If the prize described in this article is not available, the
person who is to receive the prize shall be given the option of
choosing one (1) of the following:
(1) A prize of equal or greater value.
(2) The verifiable retail value of the prize in cash or by a valid
check.
(3) A voucher, certificate, or other evidence of obligation
stating that the prize will be shipped to the person within thirty
(30) days at no cost to the person.
(b) If a voucher, certificate, or other evidence of obligation
described in subsection (a) cannot be honored within thirty (30) days,
the sponsor shall mail to a person a valid check or money order for
the verifiable retail value of the prize described in this article.
(c) Subsection (b) of this section shall not apply in a promotion
only for books, records, videos, or magazines when the person has
the right to review the merchandise without obligation for at least
seven (7) days and the right to obtain a full refund for the return of
undamaged merchandise.
As added by P.L.233-1989, SEC.1.
IC 24-8-5-2
Honor of evidence of obligation by sponsors
Sec. 2. A sponsor shall honor a voucher, certificate, or other
evidence of obligation if the person named as being responsible fails
to honor the voucher, certificate, or other evidence of obligation.
As added by P.L.233-1989, SEC.1.