Bill Sponsors: IN HB1088 | 2017 | Regular Session

Bill Title: 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

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-01-05 - First reading: referred to Committee on Judiciary [HB1088 Detail]

Text: Latest bill text (Introduced) [PDF]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Representative Jeff Ellington [R]PrimarySponsored BillsHD-062FollowTheMoneyBallotpediaVoteSmart

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