Indiana § 23-19-7-8 Considerations in determining amount of award

Indiana Statutes

§ 23-19-7-8 — Considerations in determining amount of award

Indiana § 23-19-7-8

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 19INDIANA UNIFORM SECURITIES ACT

Ch. 7Awards for Reporting Securities Violations

This text of Indiana § 23-19-7-8 (Considerations in determining amount of award) 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 § 23-19-7-8 (2026).

Text

In determining the amount of an award to be paid under this chapter, the commissioner shall consider:

(1)the significance of the original information provided by the informant to the successful enforcement of the judicial or administrative action under this article;

(2)the degree of assistance or cooperation provided by the informant in connection with the judicial or administrative proceedings;

(3)the programmatic interest of the commissioner in deterring a violation of this article by making awards to informants who provide original information leading to the successful enforcement of this article; and

(4)any other factors the commissioner considers relevant.

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In determining the amount of an award to be
paid under this chapter, the commissioner shall consider:
(1) the significance of the original information provided by the
informant to the successful enforcement of the judicial or
administrative action under this article;
(2) the degree of assistance or cooperation provided by the
informant in connection with the judicial or administrative
proceedings;
(3) the programmatic interest of the commissioner in deterring a
violation of this article by making awards to informants who
provide original information leading to the successful
enforcement of this article; and
(4) any other factors the commissioner considers relevant.