§ 28-8-4.1-702 — Annual audited financial statement; accountant's certificate of opinion

Indiana § 28-8-4.1-702

• Jurisdiction: Indiana
• Art. 8: FINANCIAL SERVICES
• Ch. 4.1: Money Transmission Modernization Act

Text

(a) A licensee shall, not later than ninety
(90) days after the end of each fiscal year, or within any extended time
as the director may prescribe, file with the director the following:
(1) An audited financial statement of the licensee for the fiscal
year just ended, prepared in accordance with United States
generally accepted accounting principles.
(2) Any other information as the director may reasonably require.
(b) An audited financial statement required under this section shall
be prepared by:
(1) an independent certified public accountant; or
(2) an independent public accountant;
who is satisfactory to the director.
(c) An audited financial statement required under this section must
include or be accompanied by a certificate of opinion, of the
independent certified public accountant or independent public
accountant, that is satisfactory in form and content to the director. If the
certificate of opinion is qualified, the director may order the licensee
to take any action that the director finds necessary to enable the
independent certified public accountant or independent public
accountant to remove the qualification.

Legislative History

As added by P.L.198-2023, SEC.4. Amended by P.L.9-2024, SEC.492.