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§ 23-2-6-36 — Indiana Law | CourtGPT
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  6. Chapter 6 - Indiana Commodity Code23-2-6-1. "Board of Trade" Defined/
  7. § 23-2-6-36
Indiana Legal Code

§ 23-2-6-36

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(b) Unless specifically provided in this chapter, a rule, a form, or an order may not be adopted, amended, or rescinded unless the commissioner finds that the action is:(1) necessary or appropriate for the public interest or for the protection of investors; and(2) consistent with the purposes fairly intended by the policy and provisions of this chapter.(c) All rules and forms of the commissioner must be published.(d) A provision of this chapter imposing any liability does not apply to an act that is:(1) committed or omitted in good faith; and(2) in conformity with a rule, an order, or a form adopted or issued by the commissioner;even if the rule, order, or form is later amended, rescinded, or is determined to be invalid for any reason by judicial authority or other authority.As added by P.L.177-1991, SEC.10.