Maximum award of damages

Ind. Code § 34-51-3-4
in effect
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Sec. 4. A punitive damage award may not be more than the greater of: (1) three (3) times the amount of compensatory damages awarded in the action; or (2) fifty thousand dollars ($50,000). [Pre-1998 Recodification Citation: 34-4-34-4.] As added by P.L.1-1998, SEC.47.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/34Fetched: 10/17/2026

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