Indiana Code — Title 6 (Taxation)
IC 6-6-1.1-410
Financial statements; increased bond, letter of credit, or cash
Official textiga.in.govlast amended
deposit amounts
Sec. 410. The administrator may in his reasonable discretion require a distributor to furnish current certified, audited financial statements. If the administrator determines that a
distributor's financial condition warrants an increase in the distributor's bond, letter of credit, or cash deposit, the administrator may require the distributor to furnish an increased bond, letter of credit, or cash deposit.
As added by Acts 1979, P.L.79, SEC.1. Amended by P.L.97-1987, SEC.8.
Amendment history
As added by Acts 1979, P.L.79, SEC.1. Amended by P.L.97-1987, SEC.8.
Source: view the official text
Nearby sections (25 sections)
- 6-6-1.1-304 · Application for exemption permit; investigation
- 6-6-1.1-305 · Exemption permit holders; issuance of certificate to
- 6-6-1.1-401 · License to distributor; requirement
- 6-6-1.1-402 · License to distributor; application; contents
- 6-6-1.1-403 · License to distributor; denial; grounds; hearing
- 6-6-1.1-404 · License to distributor; foreign corporations
- 6-6-1.1-405 · License to distributor; financial statement; fee
- 6-6-1.1-405.5 · Investigations to enforce chapter
- 6-6-1.1-406 · License to distributor; bond, letter of credit, or cash…
- 6-6-1.1-407 · Bond or letter of credit of distributor unsatisfactory;…
- 6-6-1.1-408 · Amount of bond, letter of credit, or cash deposit…
- 6-6-1.1-409 · Release of surety of distributor's bond or institution…
- 6-6-1.1-410 · Financial statements; increased bond, letter of credit,…
- 6-6-1.1-411 · Temporary license; investigation; conditions and…
- 6-6-1.1-412 · Permanent license; minimum gallonage
- 6-6-1.1-413 · No permanent license; insufficient gallonage
- 6-6-1.1-414 · License nonassignable; new license required
- 6-6-1.1-415 · Cancellation of distributor's license; grounds; notice;…
- 6-6-1.1-416 · Cancellation of license on distributor's request;…
- 6-6-1.1-417 · Cancellation of distributor's license for inactiveness;…
- 6-6-1.1-418 · Listing of licensed distributors; index of applications…
- 6-6-1.1-501 · Monthly reports to determine tax liability; itemized…
- 6-6-1.1-502 · Monthly payment of tax due; computation
- 6-6-1.1-503 · Repealed
- 6-6-1.1-504 · Purchaser other than licensed distributor; same reports;