Go to previous versions of this Section
2023 (you are here)
2022
2021
View All Versions

2023 Indiana Code
Title 28. Financial Institutions
Article 8. Financial Services
Chapter 4. Money Transmitters
28-8-4-57. Consent Orders

Universal Citation:
IN Code § 28-8-4-57 (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.
Previous Next

     Note: This version of section effective until 1-1-2024. See also following repeal of this chapter, effective 1-1-2024.

Sec. 57. (a) The director may enter into a consent order with a person to resolve a matter arising under this chapter.

(b) A consent order must comply with the following provisions:

(1) Be signed by the person to whom it is issued or an authorized representative.

(2) Indicate agreement to the terms contained within the consent.

(c) A consent order need not:

(1) constitute an admission by a person that a provision of this chapter or an order promulgated or issued thereunder has been violated; or

(2) constitute a finding by the director that such person has violated a provision of this chapter or an order promulgated or issued thereunder.

(d) Notwithstanding the issuance of a consent order, the director may seek civil or criminal penalties or compromise civil penalties concerning matters encompassed by the consent order, unless the consent order by its terms expressly precludes the director from doing so.

As added by P.L.42-1993, SEC.85.

Previous Next
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.