Indiana § 37-3-3-11 - Violations; remedies and damages; equitable relief; exhaustion of administrative remedies not required
Full text of Indiana Indiana Code § 37-3-3-11 — Violations; remedies and damages; equitable relief; exhaustion of administrative remedies not required, with citation guidance and answers to common questions.
§ 37-3-3-11. Violations; remedies and damages; equitable relief; exhaustion of administrative remedies not required
Sec. 11. (a) This section applies to licensees and unlicensed persons.
(b) A person who violates this chapter:
(1) is subject to the remedies provided in IC 37-2-6-9;
(2) commits a deceptive act under IC 24-5-0.5 and is subject to the penalties listed in IC 24-5-0.5;
(3) has no right to collect, receive, or retain any principal, interest, or other charges from a small loan; however, this subdivision does not apply if the violation is the result of an accident or bona fide error of computation; and
(4) is liable to the borrower for actual damages, statutory damages of two thousand dollars ($2,000) per violation, costs, and attorney's fees; however, this subdivision does not apply if the violation is the result of an accident or bona fide error of computation.
The remedies described in this subsection are in addition to all other remedies set forth in IC 37-2 and this article.
(c) The department may sue:
(1) to enjoin any conduct that constitutes or will constitute a violation of this chapter; and
(2) for other equitable relief.
(d) The remedies provided in this section are cumulative but are not intended to be the exclusive remedies available to a borrower. A borrower is not required to exhaust any administrative remedies under this section or any other applicable law.
[Pre-2026 Revision Citation: 24-4.5-7-409.]
As added by P.L.115-2026, SEC.97.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 37-3-3-11
What does Indiana Code § 37-3-3-11 cover?
Section 37-3-3-11 ("Violations; remedies and damages; equitable relief; exhaustion of administrative remedies not required") 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 § 37-3-3-11?
A common citation format is "Indiana Code § 37-3-3-11" (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 § 37-3-3-11 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.