Indiana § 23-17-25.7-4 Charitable organization's right of action; complaint with applicable
primary regulator; civil penalty

Indiana Statutes

§ 23-17-25.7-4 — Charitable organization's right of action; complaint with applicable primary regulator; civil penalty

Indiana § 23-17-25.7-4

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 17NONPROFIT CORPORATIONS

Ch. 25.7Charitable Organization Beneficiary Bequest

This text of Indiana § 23-17-25.7-4 (Charitable organization's right of action; complaint with applicable primary regulator; civil penalty) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-17-25.7-4 (2026).

Text

A charitable organization may bring an
action in court under section 3(d) of this chapter or file a complaint
with the applicable primary regulator with jurisdiction over a financial
institution or an insurance company if the charitable organization
believes that a financial institution or insurance company is not
complying with this chapter. If a charitable organization files a
complaint, the applicable primary regulator shall investigate the
complaint. The applicable primary regulator may impose a civil penalty
on the financial institution or insurance company in an amount not less
than five hundred dollars ($500) and not more than ten thousand
dollars ($10,000) per incident.

Free access — add to your briefcase to read the full text and ask questions with AI

A charitable organization may bring an
action in court under section 3(d) of this chapter or file a complaint
with the applicable primary regulator with jurisdiction over a financial
institution or an insurance company if the charitable organization
believes that a financial institution or insurance company is not
complying with this chapter. If a charitable organization files a
complaint, the applicable primary regulator shall investigate the
complaint. The applicable primary regulator may impose a civil penalty
on the financial institution or insurance company in an amount not less
than five hundred dollars ($500) and not more than ten thousand
dollars ($10,000) per incident.