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Ind. Code § 26-3-7-8.5

Licensing requirements of successor owner

As added by P.L.125-1997, SEC.27

Sec. 8.5. (a) If the ownership of a facility or business licensed under this chapter passes to a successor owner, the obligations under this chapter of the original licensee do not cease until the successor owner is properly licensed and has executed a successor's agreement with the agency.

(b) A license issued under this chapter is not transferable or assignable to any person, including successors in interest to the licensee.

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