Indiana § 7.1-3-23-43 Suspension of permit for failure to pay seller of permit

Indiana Statutes

§ 7.1-3-23-43 — Suspension of permit for failure to pay seller of permit

Indiana·Art. 3 PERMITS·Ch. 23 Denial, Suspension, and Revocation of Permits

(a)The commission may suspend the permit of a permit holder if:

(1)the permit holder has not paid the person who sold the permit to the permit holder in accordance with the terms of the sale;

(2)the seller of the permit receives a judgment against the permit holder in an action to obtain payment for the permit in accordance with the terms of the sale; and

(3)the seller of the permit sends a certified copy of the judgment to the commission.

(b)Before suspending a certificate under this section, the commission shall provide written notice to the permit holder and conduct a hearing. The commission shall provide written notice of the suspension to the permit holder.

(c)If a person who sells a permit:

(1)sends a judgment to the commission under subsection (a); and

(2)subsequently receiv

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(a) The commission may suspend the permit
of a permit holder if:
(1) the permit holder has not paid the person who sold the permit
to the permit holder in accordance with the terms of the sale;
(2) the seller of the permit receives a judgment against the permit
holder in an action to obtain payment for the permit in accordance
with the terms of the sale; and
(3) the seller of the permit sends a certified copy of the judgment
to the commission.
(b) Before suspending a certificate under this section, the
commission shall provide written notice to the permit holder and
conduct a hearing. The commission shall provide written notice of the
suspension to the permit holder.
(c) If a person who sells a permit:
(1) sends a judgment to the commission under subsection (a); and
(2) subsequently receives full payment of the judgment;
the seller shall notify the commission in a manner prescribed by the
commission that the seller has received full payment of the judgment
not later than ten (10) days after receiving the payment.

Indiana § 7.1-3-23-43 (Suspension of permit for failure to pay seller of permit) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.