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Indiana Code Title 24. Trade Regulation § 24-1-2-5.1

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 5.1. (a) The attorney general may bring an action on behalf of the state or a political subdivision (as defined in IC 34-6-2.1-155) for one (1) or more of the following, together with the costs and expenses of the suit, including reasonable attorney's fees and expert fees, in connection with a violation of this chapter:

(1) Appropriate injunctive or other equitable relief, including disgorgement of any gains derived from the violation.

(2) A civil penalty, as prescribed in subsection (c).

(3) Injuries or damages sustained directly or indirectly by the state or political subdivision as a result of the violation.

(b) The attorney general may bring an action in the name of the state as parens patriae on behalf of one (1) or more natural persons residing in Indiana for one (1) or more of the following, together with the costs and expenses of the suit, including reasonable attorney's fees and expert fees, in connection with a violation of this chapter:

(1) Appropriate injunctive or other equitable relief, including disgorgement of any gains derived from the violation.

(2) A civil penalty, as prescribed in subsection (c).

(3) Injuries or damages sustained directly or indirectly by the one (1) or more natural persons as a result of the violation.

(c) In an action brought under subsection (a) or (b) after June 30, 2023, the attorney general may recover a civil penalty of not more than:

(1) one hundred thousand dollars ($100,000) per violation from any natural person who violates this chapter;  or

(2) one million dollars ($1,000,000) from any other person (as defined in section 10 of this chapter), other than a natural person, that violates this chapter.

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Cite this article: FindLaw.com - Indiana Code Title 24. Trade Regulation § 24-1-2-5.1 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-24-trade-regulation/in-code-sect-24-1-2-5-1/

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