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2024 Indiana Code
Title 7.1. Alcohol and Tobacco
Article 3. Permits
Chapter 1.1. Deposit of Retailer and Dealer Permits
7.1-3-1.1-3. Reversion of Permit to Commission
Universal Citation:
IN Code § 7.1-3-1.1-3 (2024)
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Sec. 3. (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.
As added by P.L.285-2019, SEC.15.
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