Indiana Code 23-19-7-8. Considerations in determining amount of award
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Sec. 8. In determining the amount of an award to be paid under this chapter, the commissioner shall consider:
(2) the degree of assistance or cooperation provided by the informant in connection with the judicial or administrative proceedings;
(1) the significance of the original information provided by the informant to the successful enforcement of the judicial or administrative action under this article;
Terms Used In Indiana Code 23-19-7-8
- commissioner: refers to the securities commissioner appointed by the secretary of state under IC 23-19-6-1(a). See Indiana Code 23-19-7-1
- informant: means an individual who provides original information concerning a violation of this article to the division. See Indiana Code 23-19-7-4
- original information: means information that:
Indiana Code 23-19-7-6
(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.
As added by P.L.85-2012, SEC.6.