§ 28-8-5-24 — Civil penalties; civil action by department

(a) If the department determines, after notice
and an opportunity to be heard, that a person has violated this chapter,
the department may, in addition to or instead of all other remedies
available under this chapter, impose upon the person a civil penalty not
greater than ten thousand dollars ($10,000) per violation.
(b) In addition to or instead of imposing a civil penalty under
subsection (a), the department may bring a civil action against a person
for violating this chapter.
(c) If the court finds that the defendant is guilty of violating this
chapter, the court may assess a civil penalty not to exceed five
thousand dollars ($5,000) per violation.
(d) Civil penalties collected under this section shall be deposited
into the financial institutions fund established by IC 28-11-2-9.

Legislative History

As added by P.L.42-1993, SEC.86. Amended by P.L.89-2011, SEC.67.