Indiana § 23-20-1-25 Securities restitution fund; establishment; funding sources

Indiana Statutes

§ 23-20-1-25 — Securities restitution fund; establishment; funding sources

Indiana § 23-20-1-25

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 20VICTIMS OF SECURITIES VIOLATIONS

Ch. 1Restitution for Victims of Securities Violations

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Bluebook

Ind. Code § 23-20-1-25 (2026).

Text

(a)The securities restitution fund is established.

(b)The fund consists of:

(1)amounts from funds received for deposit in the securities division enforcement account as provided in IC 23-19-6-1(h);

(2)two percent (2%) of funds received from other fees and revenues from the administration of IC 23-19 that would otherwise be deposited in the state general fund as provided in IC 23-19-6-1(o); and

(3)amounts appropriated from the general assembly.

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(a) The securities restitution fund is
established.
(b) The fund consists of:
(1) amounts from funds received for deposit in the securities
division enforcement account as provided in IC 23-19-6-1(h);
(2) two percent (2%) of funds received from other fees and
revenues from the administration of IC 23-19 that would
otherwise be deposited in the state general fund as provided in IC 23-19-6-1(o); and
(3) amounts appropriated from the general assembly.