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Indiana Code Title 23. Business and Other Associations § 23-2-2.5-15

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 15.  (a) Upon the entry of a stop order under section 14 of this chapter, the commissioner shall notify the franchisor:

(1) of the entry of the stop order;

(2) of the reasons for the stop order;  and

(3) that, upon receipt of a written request, the matter will be set down for hearing to commence within fifteen (15) days after receipt of such request, unless the franchisor consents to a later date.

(b) If no hearing is requested or none is ordered by the commissioner, the stop order is effective until it is modified or vacated by the commissioner.

(c) If a hearing is requested or ordered, the commissioner, after notice and hearing, may modify or vacate the stop order.

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Cite this article: FindLaw.com - Indiana Code Title 23. Business and Other Associations § 23-2-2.5-15 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-23-business-and-other-associations/in-code-sect-23-2-2-5-15/

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