Yes, .410 slugs will do well at short range. Even when using 12 ga slugs I only use them when my shot range is 50 yards or less such as small forest clearings. If longer range is needed then I pick up my rifles.
I know that in most Midwest states, it is definitely not legal because of safety concerns.
Just wandering if the mid west laws only excluded .410 slugs from being used. I have always heard that with any slug there is the chance of the skipping stone effect if shot level with the ground. I only use them when shooting down from a stand.