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Ind. Code § 16-28-5-10

Failure to correct breaches; additional penalties

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

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.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.