Sec. 4.1. (a) The agency shall mail by first class mail or send electronically a renewal application, which must include a listing of all the licensee’s facilities, to each licensee before the end of the licensee’s fiscal year. The renewal application form must be completed and returned to the agency not later than ninety (90) days after the end of the licensee’s fiscal year. The licensee must forward, with the renewal application, the following:

(1) Current reviewed level financial statement.

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Terms Used In Indiana Code 26-3-7-4.1

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(2) Updated financial profile form supplied by the agency.

(3) Appropriate license fee.

     (b) A renewal application must contain the information as required under rules adopted by the agency. The licensee shall receive an annual renewal license application form appropriate to the license issued to the licensee. The annual renewal license application forms are for a:

(1) grain bank;

(2) warehouse;

(3) grain buyer; or

(4) buyer-warehouse.

As added by P.L.64-2009, SEC.3. Amended by P.L.145-2017, SEC.3.