Indiana Code 24-5-8-17. Recovery of actual damages for seller’s failure to comply with chapter or breach of contract
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Sec. 17. Notwithstanding any other section of this chapter, a person who is damaged by a seller‘s failure to comply with this chapter or by a seller’s breach of a contract may:
(2) bring an action against the bond required by section 3 of this chapter;
(1) bring an action for recovery of his actual damage including attorney fees; and
Terms Used In Indiana Code 24-5-8-17
- Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Person: means a human being, corporation, limited liability company, partnership, unincorporated association, trust, or governmental entity. See Indiana Code 24-5-8-1
- Seller: means a person, or his agent, who sells or leases or offers to sell or lease a business opportunity. See Indiana Code 24-5-8-1
to recover an amount equal to his actual damages. However, the liability of the seller under this section may not exceed the amount of the bond.
As added by P.L.134-1984, SEC.1.