Section 45IAC12-4-11. Permanent license; minimum gallonage; Indiana based distributor

   (a) The administrator shall issue a permanent license to an Indiana based holder of a temporary license upon the following conditions:

(1) the Indiana based distributor has distributed at least five hundred thousand (500,000) gallons of gasoline during the year in which the temporary license was in effect;

(2) the Indiana based distributor has fully complied with the provisions and requirements set forth by this chapter [IC 6-6-1.1] and Indiana Code 6-8.1; and

(3) the Indiana based distributor has received, sold, or used gasoline during the six (6) month period immediately preceding expiration of the temporary license or the Indiana based distributor is presently engaged in such business.

  (b) The permanent license shall remain effective unless cancelled under this chapter [IC 6-6-1.1]. (Department of State Revenue; Reg 6-6-1.1-412(010); filed Sep 19, 1983, 2:23 pm: 6 IR 2322)