{"data":{"id":"us-in/ic-24-11-4-1","jurisdiction":"us-in","citation":"IC 24-11-4-1","heading":"Posting bond","body":"Sec. 1. (a) Subject to subsection (c), upon motion by a target and a finding by the court that a target has established a reasonable likelihood that a person has made a bad faith assertion of patent infringement in violation of this article, the court shall require the person to post a bond in an amount equal to a good faith estimate of the target's costs to litigate the claim and amounts reasonably likely to be recovered under IC 24-11-5, conditioned upon payment of any amounts finally determined to be due to the target.\n(b) A hearing shall be held upon the request of either party.\n(c) A bond ordered under this section may not exceed two hundred fifty thousand dollars ($250,000).\n(d) The court may waive the bond requirement if the court finds the person has available assets equal to the amount of the proposed bond or for other good cause shown.","path":["TITLE 24. TRADE REGULATION","ARTICLE 11. BAD FAITH ASSERTIONS OF PATENT INFRINGEMENT","Chapter 4. Bond"],"source_url":"https://iga.in.gov/ic/2026/Title_24.html#24-11-4-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-04T18:50:41Z","sha256":"d267f00f84f1715a1c2122cae2c4272cefead2c3cc46534547bbdbb2d6b5e5e3","source_id":"us-in","stale":false,"prev":"us-in/ic-24-11-3-3","next":"us-in/ic-24-11-5-1"},"notice":"GroundRules: Original legal text. Not legal advice."}