Indiana Statutes

§ 34-51-3-6 — Payment and allocation of damages; notification; negotiation of award; state's interest in award

Indiana·Title 34 CIVIL LAW AND PROCEDURE·Art. 51 DAMAGES·Ch. 3 Punitive Damages
(a)Except as provided in IC 13-25-4-10, when a finder of fact announces a verdict that includes a punitive damage award in a civil action, the party against whom the judgment was entered shall notify the office of the attorney general of the punitive damage award.
(b)When a punitive damage award is paid, the party against whom the judgment was entered shall pay the punitive damage award to the clerk of the court where the action is pending.
(c)Upon receiving the payment described in subsection (b), the clerk of the court shall:
(1)pay the person to whom punitive damages were awarded twenty-five percent (25%) of the punitive damage award; and
(2)pay the remaining seventy-five percent (75%) of the punitive damage award to the treasurer of state, who shall deposit the funds into the viol

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

Indiana § 34-51-3-6 (Payment and allocation of damages; notification; negotiation of award; state's interest in award) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Cheatham v. Pohle
789 N.E.2d 467 (Indiana Supreme Court, 2003)
56 case citations
Maria F. Juarez v. Menard, Inc.
366 F.3d 479 (Seventh Circuit, 2004)
14 case citations
Monroe Guaranty Insurance Co. v. Magwerks Corp.
796 N.E.2d 326 (Indiana Court of Appeals, 2003)
3 case citations

Legislative History

As added by P.L.1-1998, SEC.47. Amended by P.L.105-2006, SEC.2; P.L.1-2007, SEC.224.

Nearby Sections

15
View on official source ↗