Adjudication of violation required; final order; failure of party to pay

Sec. 16. (a) The division may not award restitution assistance under this chapter unless the securities violation was adjudicated in a state or federal court or a regulatory agency administrative proceeding. (b) The division may not award restitution assistance under this chapter unless: (1) a final order has been entered ordering restitution to the victim in a proceeding described in subsection (a); and (2) the party ordered to pay restitution has not paid the full amount. As added by P.L.114-2010, SEC.12.