Indiana Statutes
§ 23-19-7-7 — Award to informant for original information leading to successful enforcement action; commissioner to determine amount; award to be paid from fund; limit on aggregate amount of awards
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 19 INDIANA UNIFORM SECURITIES ACT·Ch. 7 Awards for Reporting Securities Violations
(a)Except as provided in section 9 of this
chapter, and subject to subsection (b) and section 8 of this chapter, if:
(1)an informant:
(A)voluntarily provides in writing, and in the form or manner
required by the commissioner, original information to the
division; and
(B)includes, as part of the writing provided under clause (A),
a signed statement indicating that the informant reasonably
believes that the act or omission disclosed through the original
information provided constitutes a violation of this article; and
(2)the original information provided by the informant leads to the
successful enforcement of a judicial or an administrative action
under this article;
the commissioner may award an amount, to be determined by the
commissioner and paid from the fund, to the informant for t
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Indiana § 23-19-7-7 (Award to informant for original information leading to successful enforcement action; commissioner to determine amount; award to be paid from fund; limit on aggregate amount of awards) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.85-2012, SEC.6.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"