Indiana Statutes

§ 26-3-7-13 — Additional bond, cash deposit, letter of credit, or insurance

Indiana·Title 26 COMMERCIAL LAW·Art. 3 WAREHOUSES·Ch. 7 Indiana Grain Buyers and Warehouse Licensing and
Whenever the director determines that a previously approved bond, letter of credit, cash deposit, or previously approved insurance is insufficient, the director shall require an additional bond, letter of credit, cash deposit, or insurance to be given by the licensee in the form and upon the terms and conditions required by this chapter and rules adopted under this chapter. Formerly: Acts 1973, P.L.268, SEC.1; Acts 1974, P.L.120, SEC.8; Acts 1975, P.L.277, SEC.9. As amended by Acts 1979, P.L.249, SEC.7; P.L.125-1997, SEC.31.

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