Transfer and use of funds restricted; offense

Ind. Code § 6-9-6-8
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 8. Any person or officer or employee of a corporation who receives a transfer of funds under this chapter and who uses the funds for any purpose other than a proposal approved by the commission commits a Level 6 felony. As added by Acts 1978, P.L.49, SEC.1. Amended by P.L.158-2013, SEC.109.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026

Starting a business in Indiana? Indiana LLC guide: costs and requirements