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Indiana Code Title 7.1. Alcohol and Tobacco § 7.1-3-1.1-3

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

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.

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Cite this article: FindLaw.com - Indiana Code Title 7.1. Alcohol and Tobacco § 7.1-3-1.1-3 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-7-1-alcohol-and-tobacco/in-code-sect-7-1-3-1-1-3/

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