Indiana Code 23-20-1-19. Subrogation rights of state
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Sec. 19. (a) The state is subrogated to the rights of the person awarded restitution under this chapter to the extent of the award.
(b) The subrogation rights are against the person who committed the securities violation or a person liable for the pecuniary loss.
As added by P.L.114-2010, SEC.12.
Terms Used In Indiana Code 23-20-1-19
- person: includes a sole proprietorship, a partnership, a corporation, an association, a fiduciary, or an individual. See Indiana Code 23-20-1-5
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
- securities violation: means a violation of any of the following:
Indiana Code 23-20-1-6