Indiana Statutes
§ 28-8-6-906 — Consent order; civil or criminal penalties
Effective 1-1-2026. Sec. 906.
(a)The director may enter into a consent
order with a person to resolve a matter arising under this chapter.
(b)A consent order must:
(1)be signed by the person to whom it is issued or by an
authorized representative of that person; and
(2)indicate agreement to the terms contained within the consent
order.
(c)A consent order does not:
(1)constitute an admission by a person that a provision of this
chapter or an order promulgated or issued under this chapter has
been violated; or
(2)constitute a finding by the director that the person has violated
a provision of this chapter or an order promulgated or issued
under this chapter.
(d)Notwithstanding the issuance of a consent order, the director
may seek civil or criminal penalties or compromise civil penal
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Legislative History
As added by P.L.222-2025, SEC.5.
Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrows