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Indiana Code Title 7.1. Alcohol and Tobacco § 7.1-3-23-43

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

Sec. 43. (a) The commission may suspend the permit of a permit holder if:

(1) the permit holder has not paid the person who sold the permit to the permit holder in accordance with the terms of the sale;

(2) the seller of the permit receives a judgment against the permit holder in an action to obtain payment for the permit in accordance with the terms of the sale; and

(3) the seller of the permit sends a certified copy of the judgment to the commission.

(b) Before suspending a certificate under this section, the commission shall provide written notice to the permit holder and conduct a hearing. The commission shall provide written notice of the suspension to the permit holder.

(c) If a person who sells a permit:

(1) sends a judgment to the commission under subsection (a); and

(2) subsequently receives full payment of the judgment;

the seller shall notify the commission in a manner prescribed by the commission that the seller has received full payment of the judgment not later than ten (10) days after receiving the payment.

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Cite this article: FindLaw.com - Indiana Code Title 7.1. Alcohol and Tobacco § 7.1-3-23-43 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-7-1-alcohol-and-tobacco/in-code-sect-7-1-3-23-43/

Read this complete Indiana Code Title 7.1. Alcohol and Tobacco § 7.1-3-23-43 on Westlaw. Westlaw subscription required.

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