Indiana House Bill 1088 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 5 2017 - 25% progression, died in committee
Action: 2017-01-05 - First reading: referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Statutes of limitations for securities violations. Specifies that an action brought by a person for an alleged violation of the Indiana Uniform Securities Act (Act) involving: (1) the sale of a security; or (2) the providing of investment advice; must be commenced not later than three years after the person bringing the action has actual knowledge of the violation. (Current law provides that the action must be commenced within three years after discovery by the person bringing the action of the violation.) Provides that a prosecution for an offense under the Act is barred unless commenced within five years after

Statutes of limitations for securities violations. Specifies that an action brought by a person for an alleged violation of the Indiana Uniform Securities Act (Act) involving: (1) the sale of a security; or (2) the providing of investment advice; must be commenced not later than three years after the person bringing the action has actual knowledge of the violation. (Current law provides that the action must be commenced within three years after discovery by the person bringing the action of the violation.) Provides that a prosecution for an offense under the Act is barred unless commenced within five years after

Rep. Jeff Ellington [R]

Date	Chamber	Action
2017-01-05	House	First reading: referred to Committee on Judiciary
2017-01-05	House	Authored by Representative Ellington

Type	Source
Summary	https://iga.in.gov/legislative/2017/bills/house/1088/details
Text	http://iga.in.gov/static-documents/b/8/3/0/b8307a33/HB1088.01.INTR.pdf