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Chapter 1. General Provisions
23-19-1-0.2. Application of Predecessor Act - Sec. 0.2. (a) The predecessor act exclusively governs all actions...
23-19-1-1. Short Title - Sec. 1. This article may be cited as the Indiana...
23-19-1-2. Definitions - Sec. 2. In this article, unless the context otherwise requires:...
23-19-1-3. Federal Statutes - Sec. 3. As used in this article: (1) "Securities Act...
23-19-1-4. Construction in Relation to Corporation - Sec. 4. Nothing in this article shall be construed to...
23-19-1-5. Official Comments Incorporated - Sec. 5. Official comments adopted and published by the: (1)...
Chapter 2. Exemptions From Registration of Securities
23-19-2-1. Exempt Securities - Sec. 1. The following securities are exempt from the requirements...
23-19-2-2. Exempt Transactions - Sec. 2. The following transactions are exempt from the requirements...
23-19-2-2.3. Internet Web Site Operators - Sec. 2.3. (a) This section applies to an offering under...
23-19-2-2.4. Repealed - As added by P.L.71-2014, SEC.2. Repealed by P.L.160-2015, SEC.4.
23-19-2-2.6. Repealed - As added by P.L.71-2014, SEC.3. Repealed by P.L.160-2015, SEC.5.
23-19-2-3. Additional Exemptions; Waivers - Sec. 3. A rule adopted or order issued under this...
23-19-2-4. Denial, Suspension, Revocation, Condition, or Limitation of Exemptions; Knowledge of Order - Sec. 4. (a) Except with respect to a federal covered...
23-19-2-5. Emergency Rules - Sec. 5. The commissioner may adopt emergency rules in the...
Chapter 3. Registration of Securities and Notice Filing of Federal Covered Securities
23-19-3-1. Unlawful Acts - Sec. 1. It is unlawful for a person to offer...
23-19-3-2. Registration of Securities and Notice Filing of Federal Covered Securities—federal Covered Securities; Filing and Fee Requirements; Renewal of Notice; Failure to Comply With Notice or Fee Requirement; Stop Order - Sec. 2. (a) With respect to a federal covered security,...
23-19-3-3. Registration Under Securities Act of 1933; Registration by Coordination; Registration Statement; Required Information; Notice - Sec. 3. (a) A security for which a registration statement...
23-19-3-4. Registration by Qualification; Registration Statement; Required Information; Prospectus - Sec. 4. (a) A security may be registered by qualification...
23-19-3-5. Registration of Securities and Notice Filing of Federal Covered Securities—filing of Registration Statement; Filing Fee; Required Information; Incorporation of Previously Filed Record; Nonissuer Distribution; Escrow and Impoundment; Effect... - Sec. 5. (a) A registration statement under section 3 or...
23-19-3-6. Stop Orders; Denial, Suspension, or Revocation of Registration; Standards; Postponement; Hearing; Process; Modification or Vacating Order - Sec. 6. (a) The commissioner may issue a stop order...
23-19-3-7. Waiver or Modification of Requirements - Sec. 7. The commissioner may waive or modify, in whole...
Chapter 4. Broker-Dealers, Agents, Investment Advisers, Investment Adviser Representatives, and Federal Covered Investment Advisers
23-19-4-1. Broker-Dealer Registration; Exemptions; Restrictions on Employment or Association; Foreign Transactions - Sec. 1. (a) It is unlawful for a person to...
23-19-4-2. Agent Registration; Exemptions; Restrictions on Employment or Association; Restrictions if No Affiliation - Sec. 2. (a) It is unlawful for an individual to...
23-19-4-3. Investment Adviser Registration; Exemptions; Restrictions on Employment or Association - Sec. 3. (a) It is unlawful for a person to...
23-19-4-4. Investment Adviser Representative Registration; Exemptions; Restrictions on Conducting Business; Referrals - Sec. 4. (a) It is unlawful for an individual to...
23-19-4-5. Federal Covered Investment Adviser Requirements; Exemptions; Filing - Sec. 5. (a) Except with respect to a federal covered...
23-19-4-6. Application for Initial Registration; Requirements; Amendments; National Criminal History Background Check for Investment Adviser Representative; Effective Date; Renewal; Conditions and Waivers - Sec. 6. (a) A person shall register as a broker-dealer,...
23-19-4-7. Succession; Organization Change; Name Change; Change of Control - Sec. 7. (a) A broker-dealer or investment adviser may succeed...
23-19-4-8. Termination Notice; Transfer of Employment or Association; Temporary Registration; Prevention or Suspension of Transfer; Cancellation or Termination of Registration; Reinstatement - Sec. 8. (a) If an agent registered under this article...
23-19-4-9. Withdrawal of Registration - Sec. 9. Withdrawal of registration by a broker-dealer, agent, investment...
23-19-4-10. Fees; Transmittal of Fee; Exception - Sec. 10. (a) A person shall pay a fee of...
23-19-4-11. Minimum Financial Requirements; Financial Reports; Amendment; Records; Audits or Inspections; Insurance or Posting Bond; Supervision; Continuing Education; Compliance Reports - Sec. 11. (a) Subject to Section 15(h) of the Securities...
23-19-4-11.5. Prohibit Selection of Broker-Dealer for Completion of Compliance Report in Consecutive Years; Prohibit Selection of Certain Offices - Sec. 11.5. (a) As used in this section, "office of...
23-19-4-12. Denial, Condition, Revocation, Suspension, or Limitation of Registration; Censure, Bar, or Civil Penalty for Violation; Grounds; Examination; Procedure - Sec. 12. (a) If the commissioner finds that the order...
23-19-4-13. Third Party Solicitor; Required Written Disclosures; Restrictions; Exemptions - Sec. 13. (a) For purposes of this section, "adviser" refers...
Chapter 4.1. Financially Vulnerable Adult
23-19-4.1-1. "Financial Exploitation" - Sec. 1. As used in this chapter, "financial exploitation" means...
23-19-4.1-2. Repealed - As added by P.L.39-2016, SEC.1. Repealed by P.L.158-2017, SEC.6.
23-19-4.1-2.1. "Financially Vulnerable Adult" - Sec. 2.1. As used in this chapter, "financially vulnerable adult"...
23-19-4.1-3. "Immediate Family Member" - Sec. 3. As used in this chapter, "immediate family member"...
23-19-4.1-4. "Protective Agencies" - Sec. 4. As used in this chapter, "protective agencies" refers...
23-19-4.1-5. "Qualified Individual" - Sec. 5. As used in this chapter, "qualified individual" means...
23-19-4.1-6. Suspected Financial Exploitation of Financially Vulnerable Adult; Duty of Qualified Individual to Report and Notify Commissioner; Authorized Additional Notifications - Sec. 6. (a) If a qualified individual has reason to...
23-19-4.1-7. Qualified Individual's Authority to Refuse to Disburse Funds; Notice to Protective Agencies and Parties on Account; Expiration of Refusal; Court Order Extending Refusal or Providing Protective Relief - Sec. 7. (a) A qualified individual may refuse a request...
23-19-4.1-8. Immunity for Broker-Dealers, Investment Advisers, and Qualified Individuals; Authority of Commissioner to Access Books and Records Not Impeded - Sec. 8. Notwithstanding any other provision of law, a broker-dealer,...
23-19-4.1-9. Authority of Broker-Dealers and Investment Advisers to Provide Relevant Records to Protective Agencies or Law Enforcement; Records Confidential - Sec. 9. (a) A broker-dealer or investment adviser may provide...
23-19-4.1-10. Training Resources for Broker-Dealers, Investment Advisers, and Qualified Individuals; Availability on Secretary of State's Web Site - Sec. 10. Not later than September 1, 2017, the commissioner...
23-19-4.1-11. Commissioner's Authority to Adopt Rules - Sec. 11. The commissioner may adopt rules under IC 23-19-6-5...
Chapter 5. Fraud and Liabilities
23-19-5-1. Fraudulent or Deceitful Acts - Sec. 1. It is unlawful for a person, in connection...
23-19-5-2. Unlawful Practices; Investment Advisers and Investment Adviser Representatives; Investment Advisory Contract - Sec. 2. (a) It is unlawful for a person that...
23-19-5-3. Evidentiary Burden - Sec. 3. (a) In a civil action or administrative proceeding...
23-19-5-4. Sales and Advertising Literature Filing - Sec. 4. (a) Except as otherwise provided in subsection (b),...
23-19-5-5. Filing False or Misleading Statements - Sec. 5. It is unlawful for a person to make...
23-19-5-6. Filings Related to Fact of Registration; Unlawful Act - Sec. 6. The filing of an application for registration, a...
23-19-5-7. Qualified Immunity - Sec. 7. A broker-dealer, agent, investment adviser, federal covered investment...
23-19-5-8. Violations; Felony; Assistance in Prosecution - Sec. 8. (a) A person who knowingly violates this article,...
23-19-5-9. Civil Liability; Defense; Rights and Remedies; Joint and Several Liability; Right of Contribution; Statute of Limitations; Contractual Waivers Void - Sec. 9. (a) Except as provided in section 11 of...
23-19-5-10. Rescission Offers - Sec. 10. A purchaser, seller, or recipient of investment advice...
23-19-5-11. Violation of Agreement - Sec. 11. (a) It is unlawful for a person to...
Chapter 6. Administration and Judicial Review
23-19-6-1. Securities Division; Securities Commissioner; Unlawful Use of Nonpublic Information; Investor Education Initiatives; Securities Division Enforcement Account; Securities Restitution Fund; Assistance From Attorney General; Police Powers - Sec. 1. (a) This article shall be administered by a...
23-19-6-2. Investigations; Subpoenas; Depositions; Relief; Hearings; Use Immunity; Certificate of Compliance or Noncompliance; Witness Fees - Sec. 2. (a) The commissioner may: (1) conduct public or...
23-19-6-3. Violations; Injunctions; Other Remedies - Sec. 3. (a) If the commissioner believes that a person...
23-19-6-4. Violations; Investigations; Cease and Desist Orders and Other Orders; Hearings; Civil Penalties; Appeals; Civil Contempt; Certified Copy of Order - Sec. 4. (a) If the commissioner determines that a person...
23-19-6-5. Rules, Forms, and Orders; Financial Statements; Interpretive Opinions and Determinations; Good Faith Conduct; Public Hearings - Sec. 5. (a) The commissioner may: (1) issue forms and...
23-19-6-6. Register of Filings; Availability to Public; Reasonable Charge for Furnishing Copy - Sec. 6. (a) The commissioner shall maintain, or designate a...
23-19-6-7. Public Records; Inspection and Copying; Confidential Records - Sec. 7. (a) Except as otherwise provided in subsection (b),...
23-19-6-8. Uniformity Objective; Cooperation With Agencies; Policies - Sec. 8. (a) The commissioner shall, in its discretion, cooperate,...
23-19-6-9. Appeals From Orders; Transcripts; Trial De Novo - Sec. 9. (a) An appeal may be taken by: (1)...
23-19-6-10. Jurisdiction - Sec. 10. (a) IC 23-19-3-1, IC 23-19-3-2, IC 23-19-4-1(a), IC...
23-19-6-11. Consent to Service of Process; Conduct Constituting Agent for Service of Process; Procedures; Continuances - Sec. 11. (a) An irrevocable consent to service of process...
23-19-6-12. Repealed - As added by P.L.114-2010, SEC.11. Repealed by P.L.85-2012, SEC.5.
Chapter 7. Awards for Reporting Securities Violations
23-19-7-1. "Commissioner" - Sec. 1. As used in this chapter, "commissioner" refers to...
23-19-7-2. "Division" - Sec. 2. As used in this chapter, "division" refers to...
23-19-7-3. "Fund" - Sec. 3. As used in this chapter, "fund" refers to...
23-19-7-4. "Informant" - Sec. 4. (a) As used in this chapter, "informant" means...
23-19-7-5. "Monetary Sanction" - Sec. 5. As used in this chapter, "monetary sanction" refers...
23-19-7-6. "Original Information" - Sec. 6. As used in this chapter, "original information" means...
23-19-7-7. Award to Informant for Original Information Leading to Successful Enforcement Action; Commissioner to Determine Amount; Award to Be Paid From Fund; Limit on Aggregate Amount of Awards - Sec. 7. (a) Except as provided in section 9 of...
23-19-7-8. Considerations in Determining Amount of Award - Sec. 8. In determining the amount of an award to...
23-19-7-9. Circumstances When Award Prohibited - Sec. 9. The commissioner may not provide an award to...
23-19-7-10. Right or Obligation to Present Evidence to Grand Jury or Share Evidence in Criminal Investigation Unaffected - Sec. 10. This chapter does not limit or negate any...