§ 28-7-5-10 — Closing, opening, or relocating a branch; changes and events concerning licensees or applicants; notice to department required

(a) Whenever a licensee:
(1) closes an existing branch; or
(2) intends to open a new branch or relocate an existing branch;
the licensee shall give written notice to the department. A licensee shall
give written notice to the department of the closing of an existing
branch under subdivision (1) not later than thirty (30) days after the
date of the closing of the branch. Not later than thirty (30) days before
the intended relocation or addition of one (1) or more branches under
subdivision (2), the licensee shall provide to the department the written
notice of its intention required by this section and shall request
approval in a form prescribed by the director to add or relocate one (1)
or more branches.
(b) A person that is licensed under this chapter, or a person that
seeks a license or a renewal of a license under this chapter, in
accordance with sections 4, 5, and 8 of this chapter, shall notify the
department not later than thirty (30) days after any of the following
occurs:
(1) The person has a change in name, address, or principals.
(2) The person files for bankruptcy or reorganization.
(3) The person is notified by a state or governmental authority
that the person is subject to revocation or suspension proceedings
with respect to the person's activities related to the business of
pawnbroking or the provision of other similar services.
(4) An individual described in section 8(a)(2) or 8(a)(3) of this
chapter has been convicted of a felony involving fraud, deceit, or
misrepresentation under the laws of Indiana or any other
jurisdiction.
Formerly: Acts 1935, c.195, s.10. As amended by P.L.14-1992,
SEC.138; P.L.45-1995, SEC.26; P.L.10-2006, SEC.42 and
P.L.57-2006, SEC.42; P.L.129-2020, SEC.17; P.L.32-2021,
SEC.85.