Sec. 3. After a lessor has filed an initial or a subsequent notification under section 1 of this chapter, the lessor shall notify the department not later than thirty (30) days after:

(1) the lessor has a change in name or address;

Terms Used In Indiana Code 24-7-8-3

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
(2) the lessor opens a new office or store, closes an existing office or store, or relocates an existing office or store;

(3) the lessor files for bankruptcy or reorganization; or

(4) the lessor is notified that the lessor is subject to revocation or suspension proceedings by a state or governmental authority with respect to the lessor’s rental purchase activities.

As added by P.L.254-1987, SEC.1. Amended by P.L.216-2013, SEC.15.