How is the Indiana Recovery Fund primarily funded?

The Indiana Recovery Fund is primarily funded through surcharges on licensees. This mechanism ensures that real estate professionals contribute a portion of their earnings or licensing fees directly into the fund, which is designed to provide financial protection to consumers who may suffer losses due to the actions of real estate professionals. By utilizing surcharges, the fund remains sustainable and impactful, as it collects resources specifically from those actively engaging in the real estate market. This targeted funding approach directly ties the financial responsibility of maintaining consumer protection to the industry itself, rather than relying on broader tax sources or public donations, which may not offer a consistent or adequate funding stream for the fund's objectives.