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Ind. Code § 28-8-4.1-1103

Failure to renew license; revocation or suspension of license; reinstatement; right to appeal

Known as the Money Transmission Modernization Act

The act spans §§ 28-8-4.1-1001 to 28-8-4.1-903 (53 sections).

As added by P.L.198-2023, SEC.4.

Sec. 1103. (a) A license issued by the department under this chapter may be revoked or suspended by the department if the person fails to:

(1) file any renewal form required by the department; or

(2) pay any license renewal fee described under section 506(a)(1) of this chapter;

not later than sixty (60) days after the due date.

(b) A person whose license is revoked or suspended under this section may:

(1) pay all delinquent fees and apply for a reinstatement of the person's license; or

(2) appeal the revocation or suspension to the department for an administrative review under IC 4-21.5-3.

Pending the decision resulting from a hearing under IC 4-21.5-3 concerning license revocation or suspension, a license remains in force.

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