Sec. 12. (a) This section is subject to section 12.3 of this chapter.

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Terms Used In Indiana Code 25-23.6-10.5-12

  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
     (b) Subject to IC 25-1-2-6(e), a license issued by the board under this chapter is valid for the remainder of the renewal period in effect on the date the license was issued.

     (c) An individual may renew a license by paying a renewal fee on or before the expiration date of the license.

     (d) If an individual fails to pay a renewal fee on or before the expiration date of a license, the license becomes invalid.

As added by P.L.122-2009, SEC.29. Amended by P.L.177-2015, SEC.58; P.L.225-2017, SEC.9.

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