Indiana Code 24-13-4-1. Maximum damages under private cause of action; discretionary treble damages; attorney’s fees
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Sec. 1. (a) A person may bring an action against a person who establishes, operates, promotes, or assists another to promote a pyramid promotional scheme for:
(2) one thousand dollars ($1,000);
(1) the damages actually suffered as a result of the pyramid promotional scheme; or
Terms Used In Indiana Code 24-13-4-1
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
whichever is greater.
(b) The court may increase damages awarded under this section in an amount that does not exceed:
(1) three (3) times the actual damages of the person suffering the loss; or
(2) three thousand dollars ($3,000).
(c) The court may award reasonable attorney‘s fees to a party that prevails in an action under this section.
(d) Actual damages awarded to a person have priority over any civil penalty imposed under this article.
As added by P.L.105-2017, SEC.3.