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Ind. Code § 23-19-7-5

"Monetary sanction"

Known as the Indiana Uniform Securities Act

The act spans §§ 23-19-1-0.2 to 23-19-7-9 (80 sections).

As added by P.L.85-2012, SEC.6

Sec. 5. As used in this chapter, "monetary sanction" refers to money required to be paid under this article as the result of a judicial or an administrative action, including any penalties imposed or amounts ordered through an order of disgorgement. However, the term does not include any amounts ordered or identified as restitution.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.