Sec. 9. (a) This chapter shall be administered by the secretary of state of Indiana by and through the commissioner, who may exercise all powers granted to the commissioner under IC 23-19.
(b) Subject to the approval of the secretary of state, the commissioner may promulgate regulations necessary to carry out the purposes of this chapter under IC 4-22-2.
(c) Neither the secretary of state, nor the securities commissioner, nor any employee of the securities division, shall be liable in their individual capacity, except to the state of Indiana, for any act done or omitted in connection with the performance of their respective duties under the provisions of this chapter.
As added by Acts 1979, P.L.235, SEC.1. Amended by Acts 1981, P.L.215, SEC.8; P.L.27-2007, SEC.15.
Structure Indiana Code
Title 23. Business and Other Associations
Article 2. Securities and Franchises
23-2-3.1-0.5. Legislative Finding; Purpose
23-2-3.1-2. Compliance With Designated Sections
23-2-3.1-3. Statement; Filing With Commissioner; Copy to Target Company
23-2-3.1-4. Statement; Consent to Service of Process; Filing Fee
23-2-3.1-5. Contents of Statement; Document Prepared Under Federal Law
23-2-3.1-5.5. Definitions; Application of Section
23-2-3.1-6.5. Terms of Offer; Requisites; Number of Offerees
23-2-3.1-7. Hearing; Findings and Order; Notices; Expenses; Right to Appear; Insurance Companies
23-2-3.1-8. Purchase of Shares; Prohibition
23-2-3.1-8.4. Subsequent Acquisition of Equity Securities by Offeror; Equivalent Terms; Limitation
23-2-3.1-8.6. Exempt Acquisitions; Notice and Hearing to Precede Order
23-2-3.1-9. Administration of Chapter; Regulations; Immunity
23-2-3.1-10. Cease and Desist Orders; Injunctions; Subpoenas; Production of Books and Papers
23-2-3.1-11. Appeal; Notice; Transcript; Disposition on Appeal