Sec. 20. The department or the attorney general may adopt rules under IC 4-22-2 to implement this chapter, including rules to:

(1) require a tobacco product manufacturer subject to section 13(c) of this chapter to make required escrow deposits in installments during the calendar year in which the sales covered by the deposits are made; or

Terms Used In Indiana Code 24-3-5.4-20

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • department: means the department of state revenue. See Indiana Code 24-3-5.4-4
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • tobacco product manufacturer: has the meaning set forth in IC 24-3-3-10. See Indiana Code 24-3-5.4-11
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) produce information sufficient to enable the attorney general to determine the adequacy of the amount of an installment deposit described in subdivision (1).

As added by P.L.252-2003, SEC.16.