Indiana Administrative Code — Title 45 (Dept. of State Revenue)
45 IAC 10-4-7
Licenses; canceled bond
Sec. 7. (a) If a licensee's bond on file becomes canceled or otherwise invalid, the licensee must furnish the administrator with a bond
satisfying the requirements provided by this article.
(b) The bond must be dated so that no lapse in time occurs between the effective date of the new bond and the date on which the previous
bond became canceled or otherwise invalid.
(c) If the licensee fails to furnish a bond within the time period prescribed by the administrator, the licensee shall be subject to immediate
license cancellation.
Amendment history
(Department of State Revenue; Reg 6-6-2.1-408(020); filed Jan 3, 1983, 2:29 p.m.: 6 IR 300; filed Dec 18, 2015, 3:40 p.m.: 20160113-IR-045140518FRA)
Source: view the official text
Nearby sections (25 sections)
- 10-3-8 · Special fuel used for transportation, application of plant…
- 10-3-9 · Special fuel used in ready mix concrete trucks (Repealed)
- 10-3-10 · Presumption of taxability; recordkeeping; exemption…
- 10-3-11 · Proportional exemptions for special fuel used in motor…
- 10-3-12 · Sales by licensed special fuel dealers (Repealed)
- 10-3-13 · Sales by authorized unlicensed dealers (Repealed)
- 10-4-1 · Dealer's license requirements (Repealed)
- 10-4-2 · Dealer's license; application (Repealed)
- 10-4-3 · User license requirements (Repealed)
- 10-4-4 · Fuel oil distributor's license (Repealed)
- 10-4-5 · Application for fuel oil distributor's license (Repealed)
- 10-4-6 · Bond of dealer and user licenses (Repealed)
- 10-4-7 · Licenses; canceled bond
- 10-4-8 · Bond increases; financial statement
- 10-4-9 · Waiver of bond (Repealed)
- 10-4-10 · Investigation of application
- 10-4-11 · Issuance of license
- 10-4-12 · Licenses nonassignable
- 10-4-13 · Display of license
- 10-4-14 · Cancellation of license
- 10-4-15 · Cancellation of dealer's license (Repealed)
- 10-4-16 · Cancellation of license on licensee's request; requisites
- 10-4-17 · Cancellation of fuel user's and dealer's license; inactivity…
- 10-4-18 · Notice of license cancellation
- 10-4-19 · Cancellation of bond; release of surety