14-34-7-4.1. Method of replacement of self-bonds

IN Code § 14-34-7-4.1 (2019) (N/A)
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Sec. 4.1. (a) Before January 1, 1996, all self-bonds in effect on July 1, 1995, must be replaced in one (1) of the following ways:

(1) The self-bond may be replaced by another form of bond allowed under IC 13-4.1-6.

(2) The self-bonded permittee may reapply for self-bonding under this chapter.

(b) If the application of a permittee submitted under subsection (a)(2) is not accepted, the permittee must replace its self-bond with another form of bond allowed under IC 14-34-6.

As added by P.L.176-1995, SEC.14.