Indiana Code
Chapter 6. Indiana Commodity Code
23-2-6-30. Violations; Special Remedies

Sec. 30. (a) Upon a showing by the commissioner that a person has violated or is about to violate this chapter or any rule or order adopted or issued by the commissioner, a court may grant appropriate legal or equitable remedies.
(b) Upon a showing by the commissioner of a violation of this chapter or a rule or order adopted or issued by the commissioner, the court, in addition to traditional legal and equitable remedies, including temporary restraining orders, permanent or temporary prohibitory or mandatory injunctions, and writs of prohibition or mandamus, may order the following special remedies:
(1) A civil penalty of not more than ten thousand dollars ($10,000) for any single violation.
(2) Disgorgement.
(3) Declaratory judgment.
(4) Restitution to investors that request restitution.
(5) Appointment of a receiver or conservator for the defendant or the defendant's assets.
(c) If the commissioner shows only that a person is about to violate this chapter or a rule or order issued or adopted by the commissioner, appropriate remedies under this chapter are limited to the following:
(1) A temporary restraining order.
(2) A temporary injunction or permanent injunction.
(3) A writ of prohibition or writ of mandamus.
(4) An order appointing a receiver or conservator for the defendant or the defendant's assets.
As added by P.L.177-1991, SEC.10.

Structure Indiana Code

Indiana Code

Title 23. Business and Other Associations

Article 2. Securities and Franchises

Chapter 6. Indiana Commodity Code

23-2-6-1. "Board of Trade" Defined

23-2-6-2. "Commissioner" Defined

23-2-6-3. "Cftc Rule" Defined

23-2-6-4. "Commodity" Defined

23-2-6-5. "Commodity Broker-Dealer" Defined

23-2-6-6. "Commodity Contract" Defined

23-2-6-7. "Commodity Exchange Act" Defined

23-2-6-8. "Commodity Futures Trading Commission" Defined

23-2-6-9. "Commodity Merchant" Defined

23-2-6-10. "Commodity Option" Defined

23-2-6-11. "Commodity Sales Representative" Defined

23-2-6-12. "Financial Institution" Defined

23-2-6-13. "Offer" Defined

23-2-6-14. "Person" Defined

23-2-6-15. "Precious Metal" Defined

23-2-6-16. "Sale" Defined

23-2-6-17. Limitations; Commodity Contracts or Options

23-2-6-18. Persons Permitted to Offer Transactions Under Ic 23-2-6-17

23-2-6-19. Contracts or Transactions Permitted Under Ic 23-2-6-17

23-2-6-20. Waiver of Requirements; Qualified Sellers; Limitation on Authority to Engage in Business

23-2-6-21. Summary Denial or Suspension of Exemption; Qualified Sellers

23-2-6-22. Rules; Orders

23-2-6-23. Registration of Commodity Merchants; Places for Trading Commodities or Options

23-2-6-24. Fraud

23-2-6-25. Liability; Violation of Chapter

23-2-6-26. Effect of Chapter on Securities Law

23-2-6-27. Construction and Implementation of Chapter

23-2-6-28. Investigations; Examinations; Hearings; Civil Penalties

23-2-6-29. Cease and Desist Orders; Civil Remedies

23-2-6-30. Violations; Special Remedies

23-2-6-31. Commodity Codes of Other States; Violations; Remedies

23-2-6-32. Bonds; Official Actions

23-2-6-33. Penalties

23-2-6-34. Administration of Chapter

23-2-6-35. Cooperation With Other Authorities

23-2-6-36. Rules; Forms; Orders

23-2-6-37. Service of Process

23-2-6-38. Application of Sections Ic 23-2-6-17, Ic 23-2-6-23, and Ic 23-2-6-24

23-2-6-39. Administrative Proceedings

23-2-6-40. Summary Orders; Final Orders

23-2-6-41. Review; Final Orders of Commissioner

23-2-6-42. Burden of Proof; Exemptions

23-2-6-43. Failure to Make Physical Delivery; Defenses