Indiana Statutes

§ 24-5-0.5-9 — Cooperative purchase supplier contracts; maximum duration; civil penalty

Indiana § 24-5-0.5-9
JurisdictionIndiana
Art. 5CONSUMER SALES
Ch. 0.5Deceptive Consumer Sales

This text of Indiana § 24-5-0.5-9 (Cooperative purchase supplier contracts; maximum duration; civil penalty) 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 § 24-5-0.5-9 (2026).

Text

A supplier which is organized primarily to provide benefits to persons from the cooperative purchase of the subject of a consumer transaction shall not offer a contract for that purpose that is to be effective for more than five (5) years. A supplier that violates this section is subject to a civil penalty of a fine of not more than five hundred dollars ($500) for each violation. The attorney general, acting in the name of the state, has the exclusive right to petition for recovery of such a fine, and this fine may be recovered only in an action brought under section 4(c) of this chapter. As added by Acts 1978, P.L.127, SEC.6. Amended by Acts 1982, P.L.152, SEC.6.

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Bluebook (online)
Indiana § 24-5-0.5-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/24-5-0.5-9.