Sec. 2. (a) ELTF claims must be submitted in accordance with rules adopted by the financial assurance board under IC 13-23-11-7(a)(1)(B).

     (b) If the administrator denies an ELTF claim, the administrator shall provide the claimant with a written explanation of all reasons for the denial of reimbursement.

     (c) The administrator shall forward a copy of a claim approved under this section to the auditor of state not more than seven (7) days after approving the claim.

     (d) Not more than thirty (30) days after receiving a copy of an approved ELTF claim under subsection (c), the auditor of state shall pay the ELTF claim to the claimant from the ELTF.

[Pre-1996 Recodification Citations: 13-7-20-37; 13-7-20-39(a).]

As added by P.L.1-1996, SEC.13. Amended by P.L.9-1996, SEC.22; P.L.14-2001, SEC.15; P.L.96-2016, SEC.34.