Indiana § 9-32-18-4 - Consumer restitution fund established; deposits; investments; reversion to general fund

Full text of Indiana Indiana Code § 9-32-18-4 — Consumer restitution fund established; deposits; investments; reversion to general fund, with citation guidance and answers to common questions.

§ 9-32-18-4. Consumer restitution fund established; deposits; investments; reversion to general fund

Sec. 4. (a) The consumer restitution fund is established for the purpose of compensating qualifying individuals who submit qualifying claims to the secretary.

(b) The fund consists of:

(1) appropriations made to the fund by the general assembly;

(2) grants, gifts, and donations intended for deposit in the fund; and

(3) at the discretion of the secretary, money recovered or received by the secretary for consumer protection purposes, if use of the money is not otherwise restricted.

(c) At the discretion of the secretary, the secretary may make an annual deposit from the dealer compliance account established by IC 9-32-7-1 or the dealer enforcement account established by IC 9-32-7-2, or both, into the fund.

(d) The expenses of administering the fund shall be paid from the money in the fund.

(e) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public money may be invested.

(f) Money in the fund at the end of a state fiscal year does not revert to the state general fund.

As added by P.L.179-2017, SEC.97.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 9-32-18-4

What does Indiana Code § 9-32-18-4 cover?

Section 9-32-18-4 ("Consumer restitution fund established; deposits; investments; reversion to general fund") 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 § 9-32-18-4?

A common citation format is "Indiana Code § 9-32-18-4" (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 § 9-32-18-4 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.