Ind. Code § 16-28-5-10

Current through P.L. 171-2024

Section 16-28-5-10 - Failure to correct breaches; additional penalties

If:

(1) a breach is not corrected within the time fixed by the order of correction or is not corrected within the time fixed by the plan of correction; and

(2) an extension has not been granted under section 9 of this chapter;

the commissioner may find a new breach that may be subject to the imposition of additional penalties as the class would warrant.

IC 16-28-5-10

Pre-1993 Recodification Citation: 16-10-4-17(f).

As added by P.L. 2-1993, SEC.11.