Performance bond; surety

Ind. Code § 13-30-3-12, under Chapter 3. Investigation of Violations; Administrative Proceedings and Orders.

Ind. Code § 13-30-3-12

Sec. 12. If an order of the commissioner allows time during which to correct a violation, the order may provide for the posting of a performance bond with surety or security acceptable to the department to assure the correction of the violation within the time prescribed in the order. [Pre-1996 Recodification Citation: 13-7-11-5(c).] As added by P.L.1-1996, SEC.20.