760 IAC 1-72-2 Exemptions

Sec. 2. Unless otherwise specifically included, this rule shall not apply to transactions involving the following: (1) Direct response solicitations where there is no recommendation based on information collected from the consumer under this rule. (2) Contracts used to fund any of the following: (A) An employee pension or welfare benefit plan that is covered by the Employee Retirement and Income Security Act (ERISA). (B) A plan described by Section: (i) 401(a); (ii) 401(k); (iii) 403(b); (iv) 408(k); or (v) 408(p); of the Internal Revenue Code, as amended, if established or maintained by an employer. (C) A government or church plan defined in Section 414 of the Internal Revenue Code, as amended. (D) A government or church welfare benefit plan. (E) A deferred compensation plan of a state or local government or tax exempt organization under Section 457 of the Internal Revenue Code, as amended. (F) A nonqualified deferred compensation arrangement established or maintained by an employer or plan sponsor. (G) Settlements of or assumptions of liabilities associated with personal injury litigation or a dispute or claim resolution process. (H) Formal prepaid funeral contracts.