Section 312IAC14-5-2. Notice of bond forfeiture

Latest version.

A notice of bond forfeiture shall be in writing and include the following:

(1) A designation that the document is a notice of bond forfeiture under the Indiana timber buyer's law.

(2) The name of the timber buyer secured by the bond.

(3) The basis for the bond forfeiture.

(4) A statement that the person providing the bond shall, within eighteen (18) days of issuance of the notice, either forfeit the bond to the department or request administrative review from the division of hearings.

(Natural Resources Commission; 312 IAC 14-5-2; filed May 27, 1997, 3:50 p.m.: 20 IR 2748; readopted filed Jul 28, 2003, 12:00 p.m.: 27 IR 286; readopted filed May 26, 2009, 11:21 a.m.: 20090624-IR-312090154RFA; readopted filed Sep 30, 2015, 11:55 a.m.: 20151028-IR-312150156RFA)

                    
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