Sec. 10. If a change in the ownership of a security guard agency results in the failure to meet the qualifications set forth in section 9 of this chapter:

(1) the license for the security guard agency terminates on the date the change in ownership is effective; and

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Terms Used In Indiana Code 25-30-1.3-10

  • board: refers to the private investigator and security guard licensing board established under Indiana Code 25-30-1.3-1
  • security guard agency: means a person that is in the business of providing, for hire or reward, a guard or other individual to:

    Indiana Code 25-30-1.3-5

(2) the security guard agency must file a new application for a license as a security guard agency with the board.

As added by P.L.185-2007, SEC.27.