Indiana Code 5-2-6.3-3. Payment of proceeds to division; notice to victims and escrow of money
(1) a responsible party derives income or other proceeds directly or indirectly from a felony of which the responsible party has been accused or convicted:
Terms Used In Indiana Code 5-2-6.3-3
- Contract: A legal written agreement that becomes binding when signed.
- division: refers to the victim services division of the Indiana criminal justice institute. See Indiana Code 5-2-6.3-1
- Escrow: Money given to a third party to be held for payment until certain conditions are met.
- responsible party: means an individual who has been formally charged with or convicted of a felony. See Indiana Code 5-2-6.3-2
(B) any other person that possesses or controls the income or proceeds;
shall transfer ninety percent (90%) of the income or proceeds to the division; and
(2) a person contracts with a responsible party after August 31, 1982, for:
(A) the publication of;
(B) the broadcasting of; or
(C) a speaking engagement in which the responsible party speaks about;
the responsible party’s thoughts, feelings, opinions, or emotions regarding a felony of which the responsible party has been accused or convicted, the person shall submit a copy of the contract to the division and shall pay to the division ninety percent (90%) of the money that would otherwise, by terms of the contract, be owed to the responsible party.
(b) The division shall do the following:
(1) Notify:
(A) all victims of the felony for which the responsible party has been accused or convicted; or
(B) if a victim is deceased, the victim’s heirs;
that the responsible party has entered into a contract described in subsection (a).
(2) Deposit the money under subsection (a) in a separate interest bearing escrow account.
(3) Only make distributions from the account in accordance with this chapter.
As added by P.L.47-1993, SEC.3. Amended by P.L.60-1995, SEC.1.