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IC 23-20-1-25 — Securities restitution fund; establishment; funding sources

Chapter 1. Restitution for Victims of Securities Violations

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Section text

Sec. 25. (a) The securities restitution fund is established. (b) The fund consists of: (1) amounts from funds received for deposit in the securities division enforcement account as provided in IC 23-19-6-1(h); (2) two percent (2%) of funds received from other fees and revenues from the administration of IC 23-19 that would otherwise be deposited in the state general fund as provided in IC 23-19-6-1(o); and (3) amounts appropriated from the general assembly.

As added by P.L.114-2010, SEC.12. Amended by P.L.156-2023, SEC.14.

Source: official publisher (2026 edition)

Sections citing IC 23-20-1-25

Sections IC 23-20-1-25 cites