Indiana § 7.1-3-1.1-3 Reversion of permit to commission

Indiana Statutes

§ 7.1-3-1.1-3 — Reversion of permit to commission

Indiana § 7.1-3-1.1-3

Art. 3PERMITS

Ch. 1.1Deposit of Retailer and Dealer Permits

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Bluebook

Ind. Code § 7.1-3-1.1-3 (2026).

Text

(a)A permit reverts to the commission if:

(1)a term of deposit under section 2(a) of this chapter expires without the commission approving an extension of the term; and

(2)the permit is not active.

(b)In addition to the notice provided under IC 7.1-3-1-3, at least ninety (90) days before the date that a term of deposit expires, the commission shall provide written notice to the permit holder of the date that:

(1)the term of deposit expires; and

(2)the permit will revert to the commission if:

(A)the permit is not active; or

(B)an extension of the term of deposit has not been approved by the commission.

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(a) A permit reverts to the commission if:
(1) a term of deposit under section 2(a) of this chapter expires
without the commission approving an extension of the term; and
(2) the permit is not active.
(b) In addition to the notice provided under IC 7.1-3-1-3, at least
ninety (90) days before the date that a term of deposit expires, the
commission shall provide written notice to the permit holder of the date
that:
(1) the term of deposit expires; and
(2) the permit will revert to the commission if:
(A) the permit is not active; or
(B) an extension of the term of deposit has not been approved
by the commission.