Indiana Code 8-6-7.5-3. Violations; minimum judgment; funds deposited in industrial rail service fund
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Sec. 3. (a) A railroad corporation that violates this chapter commits a Class C infraction. The minimum judgment that may be entered for a Class C infraction under this section is two hundred dollars ($200).
(b) Notwithstanding IC 34-28-5-5(c), funds collected as judgments for violations of this section must be deposited in the industrial rail service fund established by IC 8-3-1.7-2.
Terms Used In Indiana Code 8-6-7.5-3
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
Formerly: Acts 1972, P.L.63, SEC.4. As amended by Acts 1978, P.L.2, SEC.825; P.L.162-2015, SEC.1.