Section 13-23-8-4 - [Effective 7/1/2024] Payment of ELTF claims; assignment of right to receive payment; action required within 45 days(a) The administrator shall pay ELTF claims that are:(1) for costs related to eligible releases;(2) submitted by eligible parties; and(3) submitted in accordance with IC 13-23-8 and IC 13-23-9.(b) An eligible party may assign the right to receive payment of an ELTF claim to another person.(c) Not more than forty-five (45) business days after an ELTF claim is submitted, the administrator shall do one (1) of the following:(1) Approve the ELTF claim and, under IC 13-23-9-2(c), forward the ELTF claim to the state comptroller for payment.(2) Send to the claimant a written notice that:(A) states that a correction, a clarification, or additional information is needed before the ELTF claim can be approved; and(B) provides a clear explanation:(i) of the correction, clarification, or additional information that is needed; and(ii) of why it is needed.(3) Deny the claim and provide the claimant with a statement of the reasons for the denial under IC 13-23-9-2(b).Pre-1996 Recodification Citation: 13-7-20-33(d).
Amended by P.L. 9-2024,SEC. 344, eff. 7/1/2024.Amended by P.L. 250-2019,SEC. 34, eff. 7/1/2019.Amended by P.L. 96-2016, SEC. 25, eff. 7/1/2016.Amended by P.L. 244-2013, SEC. 2, eff. 7/1/2013.Amended by P.L. 13-2013, SEC. 48, eff. 4/1/2013.Amended by P.L. 19-2012, SEC. 2, eff. 7/1/2012.As added by P.L. 1-1996, SEC.13. Amended by P.L. 67-1996, SEC.7; P.L. 9-1996, SEC.14; P.L. 2-1997, SEC.48; P.L. 131-1997, SEC.3; P.L. 2-1998, SEC.54; P.L. 14-2001, SEC.9.This section is set out more than once due to postponed, multiple, or conflicting amendments.