Sec. 4. A brewer or other person located outside Indiana who is desirous of selling beer or flavored malt beverage to an Indiana permittee for importation into and resale in Indiana, in order to qualify under this title, shall file with the commission a surety bond in a penal sum equal to its average monthly excise tax liability for the previous year, payable to the state of Indiana and conditioned on the principal’s faithful performance and discharge in its agreement with the commission as provided in section 5 of this chapter. The bond and agreement, unless suspended or revoked, shall be renewable annually.

[Pre-1973 Recodification Citation: 7-2-2-2.]

Formerly: Acts 1973, P.L.55, SEC.1. As amended by P.L.58-1984, SEC.2; P.L.72-1996, SEC.2.