IC 34-51-3-4 — Maximum award of damages
Chapter 3. Punitive Damages
Section text
Sec. 4. A punitive damage award may not be more than the greater of: (1) three (3) times the amount of compensatory damages awarded in the action; or (2) fifty thousand dollars ($50,000).
As added by P.L.1-1998, SEC.47.
Source: official publisher (2026 edition)