Indiana Code 34-51-3-4. Maximum award of damages
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Sec. 4. A punitive damage award may not be more than the greater of:
(2) fifty thousand dollars ($50,000).
(1) three (3) times the amount of compensatory damages awarded in the action; or
Terms Used In Indiana Code 34-51-3-4
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
[Pre-1998 Recodification Citation: 34-4-34-4.]
As added by P.L.1-1998, SEC.47.