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Terms Used In Indiana Code 4-30-7-2

  • Contract: A legal written agreement that becomes binding when signed.
   Sec. 2. If the commission proposes to terminate the contract and certificate of authority of a retailer, the retailer may continue to operate under the certificate of authority until the commission has made its decision and all administrative appeals have been exhausted by the retailer. However, this right to continue to operate does not apply to a retailer if the commission declares in a decision to terminate a certificate of authority that an emergency exists that requires the immediate termination of the contract and certificate.

As added by P.L.341-1989(ss), SEC.1.