Indiana § 25-11-1-15 - Violations; civil penalties; enforcement action; deposit in securities division enforcement account
Full text of Indiana Indiana Code § 25-11-1-15 — Violations; civil penalties; enforcement action; deposit in securities division enforcement account, with citation guidance and answers to common questions.
§ 25-11-1-15. Violations; civil penalties; enforcement action; deposit in securities division enforcement account
Sec. 15. (a) If the secretary of state determines, after notice and opportunity for a hearing, that a person has violated this chapter, the secretary of state may, in addition to or instead of all other remedies, impose a civil penalty upon the person in an amount not to exceed ten thousand dollars ($10,000) for each violation. An appeal from the decision of the secretary of state imposing a civil penalty under this subsection may be taken by an aggrieved party under section 16 of this chapter.
(b) The secretary of state may bring an action in the circuit or superior court of Marion County to enforce payment of any penalty imposed under subsection (a).
(c) Penalties collected under this section shall be deposited in the securities division enforcement account established under IC 23-19-6-1(f).
As added by P.L.230-2007, SEC.23. Amended by P.L.1-2009, SEC.141.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 25-11-1-15
What does Indiana Code § 25-11-1-15 cover?
Section 25-11-1-15 ("Violations; civil penalties; enforcement action; deposit in securities division enforcement account") 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 § 25-11-1-15?
A common citation format is "Indiana Code § 25-11-1-15" (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 § 25-11-1-15 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.