Sec. 2. The term “collection agency” does not include the following:

(a) Attorney at law.

Terms Used In Indiana Code 25-11-1-2

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: means any individual, firm, partnership, limited liability company, or corporation. See Indiana Code 25-11-1-1
(b) Persons regularly employed on a regular wage or salary in the capacity of credit men or in a similar capacity except as an independent contractor.

(c) Banks, trust departments, fiduciaries, and financial institutions; licensees under IC 24-4.4 and IC 24-4.5; and licensees under IC 28-5-1.

(d) Licensed real estate brokers.

(e) Employees of licensees under this chapter.

(f) Any person, firm, partnership, limited liability company, or corporation engaged in any business enterprise in the state whose primary object, business, or pursuit is not the collection of claims, as the term is defined by this chapter.

(g) Any electric, gas, water, or telephone public utility and its respective employees, agents, representative agents, representatives, and individual contractors.

(h) Any express company regulated under IC 8-2.1 or IC 8-3.

Formerly: Acts 1937, c.92, s.2; Acts 1955, c.304, s.2. As amended by Acts 1977, P.L.272, SEC.1; P.L.23-1988, SEC.113; P.L.99-1989, SEC.31; P.L.3-1989, SEC.145; P.L.8-1993, SEC.376; P.L.159-2017, SEC.24.