23-20-1-27. Securities Restitution Fund; Funds and Income Nonreverting
Sec. 27. Money in the fund and income derived from money in the fund do not revert to the state general fund at the end of a state fiscal year. As added by P.L.114-2010, SEC.12.
23-20-1-12. Application for Restitution Assistance; Filing With Division
Sec. 12. (a) A person eligible for restitution assistance under section 11 of this chapter may file an application for restitution assistance with the division. (b) The application must be received by the division not more than one hundred eighty (180) days after the date of the order described in section 16 of this chapter. […]
23-20-1-13. Division’s Review of Applications; Request for Additional Information
Sec. 13. (a) The division shall review all applications to ensure that the applications are complete. (b) If an application is not complete, the application shall be returned to the claimant with a brief statement of the additional information required. (c) The claimant may, not more than thirty (30) days after receipt of the request […]
23-20-1-14. Denial of Assistance to Victim Participating in or Profiting From Securities Violation
Sec. 14. (a) Subject to subsection (b), the division may not award restitution assistance if the victim: (1) sustained the monetary injury as a result of: (A) participating or assisting in; or (B) attempting to commit or committing; a securities violation; or (2) profited or would have profited from the securities violation. (b) If the […]
23-20-1-15. Assistance Limited to One Claimant per Victim
Sec. 15. The division may not award restitution assistance under this chapter to more than one (1) claimant per victim. As added by P.L.114-2010, SEC.12.
23-20-1-16. Adjudication of Violation Required; Final Order; Failure of Party to Pay
Sec. 16. (a) The division may not award restitution assistance under this chapter unless the securities violation was adjudicated in a state or federal court or a regulatory agency administrative proceeding. (b) The division may not award restitution assistance under this chapter unless: (1) a final order has been entered ordering restitution to the victim […]
23-20-1-17. Denial of Assistance; Order Not Containing Restitution Award
Sec. 17. The division shall deny an award of restitution assistance under this chapter if a court or administrative order does not contain an award of restitution to the victim. As added by P.L.114-2010, SEC.12.
23-20-1-2. “Division”
Sec. 2. As used in this chapter, “division” refers to the securities division of the office of the secretary of state. As added by P.L.114-2010, SEC.12.
23-20-1-18. Restitution Award Overturned on Appeal; Denial or Forfeiture of Assistance
Sec. 18. (a) The division may not award restitution assistance under this chapter on behalf of a victim whose award of restitution under a court or administrative order is overturned on appeal. (b) If: (1) restitution assistance is awarded under this chapter; and (2) after the award of restitution assistance under this chapter, the victim’s […]
23-20-1-3. “Fund”
Sec. 3. As used in this chapter, “fund” refers to the securities restitution fund established by section 25 of this chapter. As added by P.L.114-2010, SEC.12.