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

IN Code § 16-28-5-10 (2019) (N/A)
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Sec. 10. 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.

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

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