Indiana Code 27-5.1-2-39. Misconduct; penalty
Current as of: 2023 | Check for updates
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Attorney's Note
Under the Indiana Code, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Level 5 felony | between 1 and 6 years | up to $10,000 |
Terms Used In Indiana Code 27-5.1-2-39
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Sec. 39. A director, an officer, a member, an insurance producer, or an employee of a farm mutual insurance company who knowingly or intentionally, directly or indirectly, uses or employs, or allows another person to use or employ, money, funds, securities, or assets of the farm mutual insurance company for private profit or gain commits a Level 5 felony.
As added by P.L.129-2003, SEC.8. Amended by P.L.158-2013, SEC.297.