Indiana § 32-34-1.5-84 Claims regarding confidential information; indemnification

Indiana Statutes

§ 32-34-1.5-84 — Claims regarding confidential information; indemnification

Indiana § 32-34-1.5-84

Title 32PROPERTY

Art. 34LOST OR UNCLAIMED PERSONAL PROPERTY

Ch. 1.5Revised Unclaimed Property Act

This text of Indiana § 32-34-1.5-84 (Claims regarding confidential information; indemnification) 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 § 32-34-1.5-84 (2026).

Text

(a)If a claim is made or action commenced arising out of an event described in section 83(a) of this chapter relating to confidential information possessed by the attorney general's agent, the attorney general's agent shall indemnify, defend, and hold harmless a holder and the holder's affiliates, officers, directors, employees, and agents as to:

(1)any claim or action; and

(2)a liability, obligation, loss, damage, cost, fee, penalty, fine, settlement, charge, or other expense, including reasonable attorney's fees and costs, established by the claim or action.

(b)The attorney general shall require an agent that will receive confidential information required under this chapter to maintain adequate insurance for the indemnification obligations under subsection (a). The agent required to

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(a) If a claim is made or action
commenced arising out of an event described in section 83(a) of this
chapter relating to confidential information possessed by the attorney
general's agent, the attorney general's agent shall indemnify, defend,
and hold harmless a holder and the holder's affiliates, officers,
directors, employees, and agents as to:
(1) any claim or action; and
(2) a liability, obligation, loss, damage, cost, fee, penalty, fine,
settlement, charge, or other expense, including reasonable
attorney's fees and costs, established by the claim or action.
(b) The attorney general shall require an agent that will receive
confidential information required under this chapter to maintain
adequate insurance for the indemnification obligations under
subsection (a). The agent required to maintain the insurance shall
provide evidence of the insurance to:
(1) the attorney general not less frequently than annually; and
(2) the holder on commencement of an examination and annually
thereafter until all confidential information is returned or
destroyed under section 82(e) of this chapter.