Indiana Code
Chapter 6. Indiana Commodity Code
23-2-6-41. Review; Final Orders of Commissioner

Sec. 41. (a) Any person aggrieved by a final order of the commissioner may obtain a review of the order in a circuit or superior court of Marion County by filing in court, not later than sixty (60) days after the entry of the order, a written petition requesting the order to be modified or set aside in whole or in part. A copy of a petition for review shall be served on the commissioner.
(b) Except where the taking of additional evidence is ordered by a court under subsections (e) and (f), after the filing of a petition for review:
(1) the court shall have exclusive jurisdiction of the matter; and
(2) the commissioner may not modify or set aside the order, in whole or in part.
(c) Unless specifically ordered by the court:
(1) the filing of a petition for review under subsection (a) does not operate as a stay of the commissioner's order; and
(2) the commissioner may enforce or ask the court to enforce an order pending the outcome of the review proceedings.
(d) Upon receipt of a petition for review, the commissioner shall certify and file in the court a copy of the order and the transcript or record of the evidence upon which the order was based. If the order became final by operation of law under section 40(a) of this chapter, the commissioner shall certify and file in court:
(1) a certified copy of the summary order;
(2) evidence of service of the summary order on the parties to the order; and
(3) an affidavit certifying that:
(A) a hearing on the summary order has not been held; and
(B) the summary order became final under section 40(a) of this chapter.
(e) The court may order additional evidence to be taken by the commissioner under conditions the court considers proper if an aggrieved party or the commissioner:
(1) applies to the court for leave to enter additional evidence; and
(2) shows to the satisfaction of the court that:
(A) there were reasonable grounds for failure to enter the evidence in the hearing before the commissioner; or
(B) good cause exists to allow the additional evidence to be taken.
(f) If the court orders new evidence to be taken, the commissioner:
(1) may modify the findings and order by reason of the additional evidence; and
(2) shall file in the court the additional evidence and any modified or new findings or order.
(g) The court shall review the petition based on the original record before the commissioner and any additions or modifications under subsections (e) and (f). The commissioner's findings of facts are conclusive if those findings are supported by competent, material, and substantive evidence. Based on review under this subsection, the court may affirm, modify, enforce, or set aside the order, in whole or in part.
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