Indiana § 24-13-4-2 - Class actions

Full text of Indiana Indiana Code § 24-13-4-2 — Class actions, with citation guidance and answers to common questions.

§ 24-13-4-2. Class actions

Sec. 2. (a) A person who is entitled to bring an action on the person's own behalf under section 1 of this chapter may bring a class action on behalf of any class of persons of which the person is a member and that has been damaged by the pyramid promotional scheme, subject to and under the Indiana Rules of Trial Procedure governing class actions.

(b) The court may award reasonable attorney's fees to the party that prevails in a class action under this section. The attorney's fees must be determined by the amount of time reasonably expended by the attorney and not by the amount of the judgment. The court, however, may consider awarding a contingency fee.

(c) Any money or other property recovered in a class action under this section that cannot, with due diligence, be restored to the members of the class within one (1) year after the final judgment must be returned to the abandoned property fund under IC 32-34-1.5-42.

(d) Actual damages awarded to a class have priority over any civil penalty imposed under this article.

As added by P.L.105-2017, SEC.3. Amended by P.L.141-2021, SEC.10.

IC 24-13-5Chapter 5. Rule of Construction and its Application to Certain Marketing Operations

24-13-5-1Circumstances under which this article may not be construed to prohibit a plan or operation as a pyramid promotional scheme 24-13-5-2Required disclosures about appropriate inventory repurchase programs 24-13-5-3Inventory exempted from appropriate inventory repurchase programs 24-13-5-4Required disclosure of inventory exempted from appropriate inventory repurchase programs 24-13-5-5Burden of proof

Frequently Asked Questions About Indiana § 24-13-4-2

What does Indiana Code § 24-13-4-2 cover?

Section 24-13-4-2 ("Class actions") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Indiana § 24-13-4-2?

A common citation format is "Indiana Code § 24-13-4-2" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Indiana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.

How does Indiana § 24-13-4-2 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.