Indiana § 23-19-1-0.2 Application of predecessor act

Indiana Statutes

§ 23-19-1-0.2 — Application of predecessor act

Indiana § 23-19-1-0.2

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 19INDIANA UNIFORM SECURITIES ACT

Ch. 1General Provisions

This text of Indiana § 23-19-1-0.2 (Application of predecessor act) 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 § 23-19-1-0.2 (2026).

Text

2.

(a)The predecessor act exclusively governs all actions or proceedings that are pending on June 30, 2008, or may be instituted on the basis of conduct occurring before July 1, 2008, but a civil action may not be maintained to enforce any liability under the predecessor act unless instituted within any period of limitation that applied when the cause of action accrued or within five (5) years after June 30, 2008, whichever is earlier.

(b)All effective registrations under the predecessor act and all administrative orders relating to the registrations, rules, statements of policy, interpretive opinions, declaratory rulings, no-action determinations, and conditions imposed on the registrations under the predecessor act remain in effect while they would have remained in effect if this artic

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

2. (a) The predecessor act exclusively governs
all actions or proceedings that are pending on June 30, 2008, or may be
instituted on the basis of conduct occurring before July 1, 2008, but a
civil action may not be maintained to enforce any liability under the
predecessor act unless instituted within any period of limitation that
applied when the cause of action accrued or within five (5) years after
June 30, 2008, whichever is earlier.
(b) All effective registrations under the predecessor act and all
administrative orders relating to the registrations, rules, statements of
policy, interpretive opinions, declaratory rulings, no-action
determinations, and conditions imposed on the registrations under the
predecessor act remain in effect while they would have remained in
effect if this article had not been enacted, and are considered to have
been filed, issued, or imposed under this article, but are exclusively
governed by the predecessor act.
(c) The predecessor act exclusively applies to an offer or sale made
within one (1) year after June 30, 2008, under an offering made in good
faith before July 1, 2008, on the basis of an exemption available under
the predecessor act.