Indiana § 25-11-1-15 Violations; civil penalties; enforcement action; deposit in securities
division enforcement account

Indiana Statutes

§ 25-11-1-15 — Violations; civil penalties; enforcement action; deposit in securities division enforcement account

Indiana § 25-11-1-15

Title 25PROFESSIONS AND OCCUPATIONS

Art. 11COLLECTION AGENCIES

Ch. 1Licensing of Collection Agencies by Secretary of State

This text of Indiana § 25-11-1-15 (Violations; civil penalties; enforcement action; deposit in securities division enforcement account) 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 § 25-11-1-15 (2026).

Text

(a)If the secretary of state determines, after notice and opportunity for a hearing, that a person has violated this chapter, the secretary of state may, in addition to or instead of all other remedies, impose a civil penalty upon the person in an amount not to exceed ten thousand dollars ($10,000) for each violation. An appeal from the decision of the secretary of state imposing a civil penalty under this subsection may be taken by an aggrieved party under section 16 of this chapter.

(b)The secretary of state may bring an action in the circuit or superior court of Marion County to enforce payment of any penalty imposed under subsection (a).

(c)Penalties collected under this section shall be deposited in the securities division enforcement account established under IC 23-19-6-1(f).

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(a) If the secretary of state determines, after
notice and opportunity for a hearing, that a person has violated this
chapter, the secretary of state may, in addition to or instead of all other
remedies, impose a civil penalty upon the person in an amount not to
exceed ten thousand dollars ($10,000) for each violation. An appeal
from the decision of the secretary of state imposing a civil penalty
under this subsection may be taken by an aggrieved party under section
16 of this chapter.
(b) The secretary of state may bring an action in the circuit or
superior court of Marion County to enforce payment of any penalty
imposed under subsection (a).
(c) Penalties collected under this section shall be deposited in the
securities division enforcement account established under IC 23-19-6-1(f).