Section 170 IAC 15-2-5 - Adjustment of billsAuthority: IC 8-1-1-3
Affected: IC 8-1-2-1.2
Sec. 5.
(a) A landlord or an association adjusts billing errors that are in a tenant's, member's, or co-owner's favor to the known date of error or for a period of one (1) year, whichever period is shorter. Adjustments are made within ninety (90) days of knowledge of the error, and use one (1) of the following methods: (1) Add the amount as a credit on the next sub-bill.(2) Refund the amount to the tenant, member, or co-owner.(3) Credit the amount to rental or association fees due.(b) A landlord or an association may adjust billing errors that are in its favor back to the known date of error or for a period of one (1) year, whichever is shorter, by including the adjustment in its next sub-bill.Indiana Utility Regulatory Commission; 170 IAC 15-2-5; filed 4/9/2024, 10:12 a.m.: 20240508-IR-170230776FRA