§ 23-20-1-13 — Division's review of applications; request for additional information

Indiana § 23-20-1-13

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 20: VICTIMS OF SECURITIES VIOLATIONS
• Ch. 1: Restitution for Victims of Securities Violations

Text

(a) The division shall review all applications
to ensure that the applications are complete.
(b) If an application is not complete, the application shall be
returned to the claimant with a brief statement of the additional
information required.
(c) The claimant may, not more than thirty (30) days after receipt of
the request for additional information, either supply the information or
appeal to the securities commissioner as to the completeness of the
application.
(d) The decision of the securities commissioner as to the
completeness of the application is final.
(e) The division shall deny the application if:
(1) the applicant does not furnish additional information; or
(2) additional time is not granted by the securities commissioner
for good cause.

Legislative History

As added by P.L.114-2010, SEC.12.