Go to previous versions
of
this Section
2023 Indiana Code
Title 28. Financial Institutions
Article 8. Financial Services
Chapter 4. Money Transmitters
28-8-4-12. Material Litigation
Universal Citation:
IN Code § 28-8-4-12 (2023)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Note: This version of section effective until 1-1-2024. See also following repeal of this chapter, effective 1-1-2024.
Sec. 12. As used in this chapter, "material litigation" means litigation that under United States generally accepted accounting principles is considered significant to the financial health of a business and would be required to be referenced in a corporation's or business's annual audited financial statements, report to shareholders, or a similar document.
As added by P.L.42-1993, SEC.85. Amended by P.L.69-2018, SEC.60.
Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
