Financial statements; increased bond, letter of credit, or cash deposit amounts

Ind. Code § 6-6-1.1-410
in effect
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Sec. 410. The administrator may in his reasonable discretion require a distributor to furnish current certified, audited financial statements. If the administrator determines that a distributor's financial condition warrants an increase in the distributor's bond, letter of credit, or cash deposit, the administrator may require the distributor to furnish an increased bond, letter of credit, or cash deposit. As added by Acts 1979, P.L.79, SEC.1. Amended by P.L.97-1987, SEC.8.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026