Indiana § 4-7-1-6 - Failure to render accounts to state comptroller; damages; interest
Full text of Indiana Indiana Code § 4-7-1-6 — Failure to render accounts to state comptroller; damages; interest, with citation guidance and answers to common questions.
§ 4-7-1-6. Failure to render accounts to state comptroller; damages; interest
Sec. 6. Whenever any officer or other person has received moneys belonging to the state, or has been entrusted with the collection, management or disbursement of any moneys, funds or interest accruing therefrom, belonging to or held in trust by the state, and shall fail to render an account thereof to, and make settlement with, the state comptroller, within the time prescribed by law, or where no particular time is prescribed, shall fail to render such account and make settlement, upon being required so to do by the state comptroller, within ten (10) days after such requisition, the state comptroller shall state an account against such officer or person, charging ten percent (10%) damages, and interest at the rate of six percent (6%) per annum from the time of failing to render an account and settle as aforesaid.
Formerly: Acts 1852, 1RS, c.7, s.6. As amended by P.L.9-2024, SEC.48.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-7-1-6
What does Indiana Code § 4-7-1-6 cover?
Section 4-7-1-6 ("Failure to render accounts to state comptroller; damages; interest") 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 § 4-7-1-6?
A common citation format is "Indiana Code § 4-7-1-6" (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 § 4-7-1-6 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.