Indiana § 25-34.1-2-7 Report of funds; deposit; payment of expenses; fee for investigative
fund

Indiana Statutes

§ 25-34.1-2-7 — Report of funds; deposit; payment of expenses; fee for investigative fund

Indiana § 25-34.1-2-7

Title 25PROFESSIONS AND OCCUPATIONS

Art. 34.1REAL ESTATE BROKERS AND

Ch. 2Creation of Commission

This text of Indiana § 25-34.1-2-7 (Report of funds; deposit; payment of expenses; fee for investigative fund) 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 § 25-34.1-2-7 (2026).

Text

(a)Except as provided in subsection (b), all funds collected under this article shall, at the end of each month, be reported to the state comptroller and deposited with the treasurer of state for deposit in the general fund. All expenses incurred in the administration of this article shall be paid from the general fund.

(b)The commission shall establish a fee of not more than twenty dollars ($20) for real estate brokers to provide funds for the purpose of administering and enforcing the provisions of this article, including investigating and taking enforcement action against real estate fraud and real estate appraisal fraud. All funds collected under this subsection shall be deposited in the investigative fund established by IC 25-34.1-8-7.5.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Except as provided in subsection (b), all
funds collected under this article shall, at the end of each month, be
reported to the state comptroller and deposited with the treasurer of
state for deposit in the general fund. All expenses incurred in the
administration of this article shall be paid from the general fund.
(b) The commission shall establish a fee of not more than twenty
dollars ($20) for real estate brokers to provide funds for the purpose of
administering and enforcing the provisions of this article, including
investigating and taking enforcement action against real estate fraud
and real estate appraisal fraud. All funds collected under this
subsection shall be deposited in the investigative fund established by
IC 25-34.1-8-7.5.