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Ind. Code § 23-19-7-8

Considerations in determining amount of award

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. 8. In determining the amount of an award to be paid under this chapter, the commissioner shall consider:

(1) the significance of the original information provided by the informant to the successful enforcement of the judicial or administrative action under this article;

(2) the degree of assistance or cooperation provided by the informant in connection with the judicial or administrative proceedings;

(3) the programmatic interest of the commissioner in deterring a violation of this article by making awards to informants who provide original information leading to the successful enforcement of this article; and

(4) any other factors the commissioner considers relevant.

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