§ 7.1-3-24-8 — Bankrupt permittee

Bankrupt Permittee. A receiver or trustee in
bankruptcy of the business or property of a permittee, acting under the
jurisdiction of a court of record of this state, or a United States court,
may continue the business conducted by the permittee, with the
approval of the court having jurisdiction, by applying for and receiving
the written consent of the chairman and if he is otherwise duly
qualified to hold the permit as if he were himself applying for it. The
qualifications of the applicant may be established by a finding of the
court having jurisdiction. A copy of the court's findings on the
qualifications shall accompany the application for written consent.
[Pre-1973 Recodification Citation: 7-1-1-8(1).]
Formerly: Acts 1973, P.L.55, SEC.1.