45 Ind. Admin. Code 10-4-19

Current through October 31, 2024

Section 45 IAC 10-4-19 - Cancellation of bond; release of surety

Authority: IC 6-8.1-3-3

Affected: IC 6-6-2.5-48

Sec. 19.

(a) The surety of a licensee may cancel a bond issued to a licensee upon notifying the administrator.

(b) The cancellation shall be effective sixty (60) days after written notice is received by the administrator.

(c) The release does not affect any liability accruing before expiration of the sixty (60) day period.

45 IAC 10-4-19

Department of State Revenue; Reg 6-6-2.1-419 a (010); filed Apr 30, 1986, 3:34 pm: 9 IR 2183

Filed 12/18/2015, 3:40 p.m.: 20160113-IR-045140518FRA