Indiana Statutes

§ 24-5-0.5-7 — Assurances of voluntary compliance

Indiana § 24-5-0.5-7
JurisdictionIndiana
Art. 5CONSUMER SALES
Ch. 0.5Deceptive Consumer Sales

This text of Indiana § 24-5-0.5-7 (Assurances of voluntary compliance) 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 § 24-5-0.5-7 (2026).

Text

(a)In the administration of this chapter, the attorney general may accept an assurance of voluntary compliance with respect to any deceptive act from any person who has engaged in, is engaging in, or is about to engage in such deceptive act. The assurance of voluntary compliance may include a stipulation for the voluntary payment by the person of the costs of investigation or payment of an amount to be held in escrow pending the outcome of an action or as restitution to aggrieved consumers, or both. The assurance of voluntary compliance shall be in writing and shall be filed with and subject to the approval of the court having jurisdiction.
(b)The assurance of voluntary compliance shall not be considered an admission of a deceptive act for any purpose; however, any violation of the terms

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Related

Auto-Owners Insurance v. State
692 N.E.2d 935 (Indiana Court of Appeals, 1998)
6 case citations

Nearby Sections

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Bluebook (online)
Indiana § 24-5-0.5-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-5-0.5-7.